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KMG CEO Visited Tengiz to Discuss Further TCO Development

04.10.2024

KazMunayGas (KMG) CEO Askhat Khassenov visited the Tengiz Field in the Atyrau region. Head of KMG inspected the Future Expansion Project (FEP) site and visited the Integrated Production Control Centre (IOCC). As of today, Tengizchevroil (TCO) is close to FEP completion.

A. Khassenov held a meeting with the company's management in the TCO's rotational village. They discussed the current field development, expansion of Kazakh specialists share in the company's staff and development of Kazakh content in procurement of goods and services.

More specifically, it was noted that according to the results of TCO's MRO (maintenance, repair, operation) materials strategic tender, where totally about USD 400 million was budgeted, five long-term contracts were signed with local companies.

Head of KMG set the priority tasks for TCO at the current stage. In particular, he discussed the recommendations of the Mineral Exploration and Development Central Commission (MEDCC) in the field development. Among the priorities is the timely modification of the Tengizchevroil fuel gas system so as to meet the Gas Separation Project schedule.

Special attention was paid to the TCO's maintenance tender, where Kazakh companies are expected to be involved to the planned operations.

Development of Kazakh top management who will be able to take the executive posts in the company were discussed as well.

А. Khassenov met with the TCO workers. He thanked the company's employees for their hard work and dedication. "Tengizchevroil today is the largest taxpayer, providing almost one third of Kazakhstan's oil production. Over the past 30 years, the accumulated oil production volume is totally 580 million tons. The Company has paid USD 129 billion of tax and budget payments".

During the event, TCO employees were awarded with the Kazakh Oil 125th Anniversary Medals, Decorations from the Ministry of Energy and Appreciation Letters from KazMunayGas.


JSC NC KazMunayGas

KazMunayGas (KMG) CEO Askhat Khassenov visited the Tengiz Field in the Atyrau region. Head of KMG inspected the Future Expansion Project (FEP) site and visited the Integrated Production Control Centre (IOCC). As of today, Tengizchevroil (TCO) is close to FEP completion.

A. Khassenov held a meeting with the company's management in the TCO's rotational village. They discussed the current field development, expansion of Kazakh specialists share in the company's staff and development of Kazakh content in procurement of goods and services.

More specifically, it was noted that according to the results of TCO's MRO (maintenance, repair, operation) materials strategic tender, where totally about USD 400 million was budgeted, five long-term contracts were signed with local companies.

Head of KMG set the priority tasks for TCO at the current stage. In particular, he discussed the recommendations of the Mineral Exploration and Development Central Commission (MEDCC) in the field development. Among the priorities is the timely modification of the Tengizchevroil fuel gas system so as to meet the Gas Separation Project schedule.

Special attention was paid to the TCO's maintenance tender, where Kazakh companies are expected to be involved to the planned operations.

Development of Kazakh top management who will be able to take the executive posts in the company were discussed as well.

А. Khassenov met with the TCO workers. He thanked the company's employees for their hard work and dedication. "Tengizchevroil today is the largest taxpayer, providing almost one third of Kazakhstan's oil production. Over the past 30 years, the accumulated oil production volume is totally 580 million tons. The Company has paid USD 129 billion of tax and budget payments".

During the event, TCO employees were awarded with the Kazakh Oil 125th Anniversary Medals, Decorations from the Ministry of Energy and Appreciation Letters from KazMunayGas.


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