Lender Relations

FGP-WPMP External Lender Relations

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.

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Overview

TCO Lender Relations was established to enhance communication with our lenders. Company overview and other related information are available under the useful links section. Current bondholders, lenders can contact us to obtain access to the Company's financial information which is stored in a third-party secured online database, the Merril Datasite If you require an access, please refer to Contact Information section.

overview

Contact Information

Contact us at:
   tcolr@tengizchevroil.com

Current Bondholders email the Indenture Trustee at

Contact-Information

Debt Rating

Rating agency
  • Standard & Poor's
  • Moody's
Latest revision
  • 27/06/2025
  • 19/06/2025
Global rating
  • BBB-
  • Baa2
Outlook
  • Stable
  • Stable
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TCO News

All TCO News

The Minister of Energy of the Republic of Kazakhstan Visited the Tengiz Field

Jul 21, 2026, 11:20 by Uteshev, LLP]
As part of the working visit to Atyrau Oblast, Yerlan Akkenzhenov, the Minister of Energy of the Republic of Kazakhstan, visited the Tengiz field. During the visit, the Minister received an overview of key production facilities operated by Tengizchevroil LLP (TCO) with discussions focusing on the safety and reliability of production operations.

As part of the working visit to Atyrau Oblast, Yerlan Akkenzhenov, the Minister of Energy of the Republic of Kazakhstan, visited the Tengiz field. During the visit, the Minister received an overview of key production facilities operated by Tengizchevroil LLP (TCO) with discussions focusing on the safety and reliability of production operations.

Representatives of the Ministry and TCO Leadership discussed the safe operation of Tengiz facilities, maintaining stable production levels, workforce training and development, and the implementation of technologies aimed at enhancing process reliability.

“Tengiz is one of Kazakhstan’s key oil and gas projects. The new production facilities have reached their design capacity, and it is now essential to ensure the stable and reliable operation of the entire production complex”, Yerlan Akkenzhenov said.

TCO General Director Billy Lacobie emphasized the Company’s unwavering commitment to safe and reliable operations for the benefit of the Republic of Kazakhstan.

“Safety of our people, environmental stewardship, and the reliability of our operations remain TCO’s top priorities. We keep strong focus on operating our facilities safely while continuously improving our production processes”, Billy Lacobie said.

The discussions also covered future cooperation aimed at supporting the sustainable development of Kazakhstan’s oil and gas sector, reinforcing national energy security, and ensuring the reliable operation of critical production infrastructure.

TCO continues to safely and efficiently operate the Tengiz Field facilities, making a significant contribution to Kazakhstan’s energy sector and economy.

In Q1 2026, Tengiz produced 5.7 million tonnes of crude oil. During the same period, direct payments to the Republic of Kazakhstan totaled approximately US$1.7 billion.

The Minister of Energy of the Republic of Kazakhstan Visited the Tengiz Field

Jul 21, 2026, 11:20 by Uteshev, LLP]
As part of the working visit to Atyrau Oblast, Yerlan Akkenzhenov, the Minister of Energy of the Republic of Kazakhstan, visited the Tengiz field. During the visit, the Minister received an overview of key production facilities operated by Tengizchevroil LLP (TCO) with discussions focusing on the safety and reliability of production operations.

As part of the working visit to Atyrau Oblast, Yerlan Akkenzhenov, the Minister of Energy of the Republic of Kazakhstan, visited the Tengiz field. During the visit, the Minister received an overview of key production facilities operated by Tengizchevroil LLP (TCO) with discussions focusing on the safety and reliability of production operations.

Representatives of the Ministry and TCO Leadership discussed the safe operation of Tengiz facilities, maintaining stable production levels, workforce training and development, and the implementation of technologies aimed at enhancing process reliability.

“Tengiz is one of Kazakhstan’s key oil and gas projects. The new production facilities have reached their design capacity, and it is now essential to ensure the stable and reliable operation of the entire production complex”, Yerlan Akkenzhenov said.

TCO General Director Billy Lacobie emphasized the Company’s unwavering commitment to safe and reliable operations for the benefit of the Republic of Kazakhstan.

“Safety of our people, environmental stewardship, and the reliability of our operations remain TCO’s top priorities. We keep strong focus on operating our facilities safely while continuously improving our production processes”, Billy Lacobie said.

The discussions also covered future cooperation aimed at supporting the sustainable development of Kazakhstan’s oil and gas sector, reinforcing national energy security, and ensuring the reliable operation of critical production infrastructure.

TCO continues to safely and efficiently operate the Tengiz Field facilities, making a significant contribution to Kazakhstan’s energy sector and economy.

In Q1 2026, Tengiz produced 5.7 million tonnes of crude oil. During the same period, direct payments to the Republic of Kazakhstan totaled approximately US$1.7 billion.