In July 2016, TCO Partners announced approval for the final investment decision of the Future Growth Project-Wellhead Pressure Management Project (FGP-WPMP), the next major expansion of the Tengiz oil field.
As part of FGP-WPMP project plans it is important for us to keep transparent two-way communication with our lenders. TCO is implementing a lender relations process to ensure that stakeholders will have ongoing opportunities to ask questions, comment and provide feedback.
Our focus is to keep an open dialogue with our lender base and timely respond on questions. In addition to the information found under the Company tab, we are happy to assist you with quick and reliable responses.

On November 28, Tengizchevroil (TCO) hosted the 2025 Contractor Health, Environment, and Safety Management (CHESM) Forum for business partners. The company emphasized the importance of joint accountability, transparency, and the adoption of best practices to ensure every employee’s safety and support sustainable business growth.
TCO CHESM Process (Contractor Health, Environment, Safety Management) was implemented to enhance oversight and collaboration with Business Partner companies. The process aims to clearly define roles and responsibilities, ensure active engagement of Business Partners and provide a consistent CHESM program to help eliminate health, environment and safety incidents. Moreover, workplace inspections are carried out for existing Business Partners. The inspections verify compliance with occupational safety requirements under RoK Law and TCO’s internal regulations.
Stephen Conner, Operations General Manager, highlighted the vital role of partnership, integrity, and accountability in realizing TCO’s vision: The CHESM Process is critical to continuously monitoring safety at all TCO facilities where multiple contracting companies are working simultaneously. All risk data on the necessity of process improvement, manual updates and many other aspects are consolidated into a single database to track safety progress.

The forum encouraged everyone to demonstrate six operational discipline behaviors (OD6), fostering ownership, continuous improvement, and the sharing of best practices to strengthen safety and performance. During breakout sessions, leading partners shared innovative approaches, practical solutions, and lessons learned in managing these activities, reaffirming a shared commitment to safety and continuous improvement.
“TCO wants to work with Business Partners who understand they have joint accountability, are committed to having a strong safety culture, are empowered and focused on work planning to execution, and have strong visible leadership that tirelessly works at preventing serious injuries and fatalities,” emphasized Graeme Mackellar, OE/HSE Superintendent.

The 2025 CHESM Forum served as a platform to strengthen collaboration between TCO and its Business Partners by promoting a shared commitment to protecting people and the environment, fostering honesty, respect, and accountability in every operation. The event underscores that true partnership means embracing common values across companies, countries, and cultures, and provides an opportunity to demonstrate these principles in action through open dialogue and cooperation.
On November 28, Tengizchevroil (TCO) hosted the 2025 Contractor Health, Environment, and Safety Management (CHESM) Forum for business partners. The company emphasized the importance of joint accountability, transparency, and the adoption of best practices to ensure every employee’s safety and support sustainable business growth.
TCO CHESM Process (Contractor Health, Environment, Safety Management) was implemented to enhance oversight and collaboration with Business Partner companies. The process aims to clearly define roles and responsibilities, ensure active engagement of Business Partners and provide a consistent CHESM program to help eliminate health, environment and safety incidents. Moreover, workplace inspections are carried out for existing Business Partners. The inspections verify compliance with occupational safety requirements under RoK Law and TCO’s internal regulations.
Stephen Conner, Operations General Manager, highlighted the vital role of partnership, integrity, and accountability in realizing TCO’s vision: The CHESM Process is critical to continuously monitoring safety at all TCO facilities where multiple contracting companies are working simultaneously. All risk data on the necessity of process improvement, manual updates and many other aspects are consolidated into a single database to track safety progress.

The forum encouraged everyone to demonstrate six operational discipline behaviors (OD6), fostering ownership, continuous improvement, and the sharing of best practices to strengthen safety and performance. During breakout sessions, leading partners shared innovative approaches, practical solutions, and lessons learned in managing these activities, reaffirming a shared commitment to safety and continuous improvement.
“TCO wants to work with Business Partners who understand they have joint accountability, are committed to having a strong safety culture, are empowered and focused on work planning to execution, and have strong visible leadership that tirelessly works at preventing serious injuries and fatalities,” emphasized Graeme Mackellar, OE/HSE Superintendent.

The 2025 CHESM Forum served as a platform to strengthen collaboration between TCO and its Business Partners by promoting a shared commitment to protecting people and the environment, fostering honesty, respect, and accountability in every operation. The event underscores that true partnership means embracing common values across companies, countries, and cultures, and provides an opportunity to demonstrate these principles in action through open dialogue and cooperation.