Tengizchevroil Announces Upcoming Changes To Leadership Team

19 May 2022

ATYRAU, May 19, 2022 – Tengizchevroil (TCO) announced today upcoming changes to the company’s leadership team. Effective June 1st, Konilkosh Suyessinov will assume the role of TCO Deputy General Director. Konilkosh Suyessinov’s nomination as Deputy General Director was based on his significant international experience in petroleum projects as a senior executive from KazMunaiGas (KMG).

TCO’s current Deputy General Director, Aibek Krambayev, will be moving to another opportunity on June 1st. Throughout over two years of service at TCO, Aibek Krambayev has strengthened the company’s work with the Republic of Kazakhstan, overseen crisis response activities related to the COVID-19 pandemic and helped advance the company’s Kazakhstani Content Development activities, among other priority activities.

TCO General Manager of Policy, Government, and Public Affairs (PGPA), Rzabek Artygaliev, has decided to retire after almost 21 years of distinguished service. For the past 12 years, Rzabek Artygaliev has served as General Manager of PGPA. Throughout his tenure, he has been a tremendous asset to TCO in advancing our partnerships with key stakeholders, government, communities where we operate and the TCO workforce.

"I am grateful to colleagues, partners and residents of the Atyrau region for their collaboration and dialogue, which helped to foster an environment of mutual understanding. Also, I want to thank my family for their support, and I promise to devote more time to my loved ones in the future," said Rzabek Artygaliyev.

Effective June 1st, Darmen Aronov will assume the role of TCO General Manager, PGPA. Darmen Aronov’s nomination as General Manager, PGPA is based on his significant professional experience and qualifications in the international oil and gas industry over his 24-year career. Darmen Aronov has served the past 14 years in managerial roles at KMG and, for the last two years, he has managed the Tengiz Project Department in KMG.

TCO’s incoming Deputy General Director Konilkosh Suyessinov said: “Tengizchevroil is a shining example of tremendous contribution to the Kazakhstani economy and peoples’ well-being, achieved through joint efforts. I look forward to contributing to the development of the company, for the benefit of the Republic of Kazakhstan, communities where we operate, the workforce and the company’s shareholders."

About Tengizchevroil LLP

Tengizchevroil LLP is a Kazakhstani partnership that develops, produces and markets crude oil, LPG, dry gas and sulfur. TCO conducts its operations in accordance with world-class safety and environmental standards. In April 1993, Tengizchevroil was formed between the Republic of Kazakhstan and Chevron Corporation. Current partners are: Chevron, 50 percent; KazMunaiGas NC JSC, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent and LukArco, 5 percent.

From 1993 through 1Q 2022, TCO made direct financial payments of over $164 billion to Kazakhstani entities, including Kazakhstani employees’ salaries, purchases of Kazakhstani goods and services, tariffs and fees paid to state-owned companies, profit distributions to Kazakhstani shareholder and taxes and royalties paid to the government. TCO has invested more than $40.9 billion on Kazakhstani goods and services since 1993.