Ministry of Energy of the Republic of Kazakhstan: The Tengiz Field Will No Longer Increase Oil Production
Oil production in the Republic of Kazakhstan rose by 2% from the April average, reaching 1.86 million barrels per day (bpd) between May 1 and May 19, according to Reuters. The Tengiz field alone contributed 932,000 bpd to this total. In April, Kazakhstan reduced its oil output by 3% month-on-month, …
US Lifts Sanctions Restrictions on Kazakhstan’s Oil and Gas Projects
The US Treasury Department has issued an indefinite license to provide oil services to the Caspian Pipeline Consortium (CPC) and Tengizchevroil, lifting previously imposed restrictions under sanctions against Russia. According to the published document, all transactions related to these projects are now permitted. Previously, there was a temporary permit that …
Tengiz Expansion Project is Planned to be Completed at the End of 2024 – Head of the Ministry of Energy of Kazakhstan
Work on the implementation of the Future Expansion and Wellhead Pressure Management Project (FGP-WPMP) at the Tengiz field is progressing behind schedule and is scheduled for completion at the end of 2024, said Kazakhstan’s Energy Minister Almassadam Satkaliyev. “The reasons why there was a delay in the implementation of the …
Tengizchevroil Announced Adjustments to Work Due to The Stoppage of CPC Oil Shipments
Daily production of oil and gas condensate as of November 26 amounted to 214.5 thousand tons. The Tengizchevroil (TCO) company “will adjust” production activities in connection with the stoppage of oil shipments from the sea terminal near Novorossiysk by the Caspian Pipeline Consortium (CPC) due to the storm. “Tengizchevroil (TCO) …
TCO Completes Turnaround Ahead Of Schedule Despite Pandemic
Tengizchevroil LLP (TCO) is pleased to announce that despite the challenges posed by COVID-19, the company has completed its maintenance turnaround at its oil facility in Tengiz, four days ahead of schedule, and production has safely resumed. The turnaround activities, which are aimed at maintaining the reliability and safety of …
Halliburton: Operator Saves Rig Time With Remotely Operated Barrier Valve In HP/HT Environment
First eRED® valve utilized in Caspian East Region replaces ball-drop method to set liner hanger TengizChevroil LLP (TCO) approached Halliburton for a solution to set a liner hanger within the lower completion, without the risks associated with pumping a ball to seat through a ~5,249-foot-long (~1600-meter-long) horizontal section of a …
Tengizchevroil: Announces 2020 Year-End Results
Tengizchevroil LLP (TCO) announced today its business performance results for 2020. Throughout 2020, TCO maintained a high focus on health and safety to protect its people and the business. Despite the COVID-19 pandemic and challenging oil market conditions, production remained uninterrupted and strong safety and environmental performance was observed across …
Nur-Sultan Hosts SPEs’ Inaugural HSE Symposium with Opening Keynote Address by the Ministry of Ecology
The Society of Petroleum Engineers (SPE) brings you the first symposium on Caspian Health, Safety, Security, Environment and Social Responsibility taking place in Nur-sultan, Kazakhstan on 24–25 September. Hosted by JSC NC “KazMunayGas” (KMG), the leading oil and gas company in Kazakhstan, it will bring together local, regional and global …
New 5 Billion-Dollar Oil and Gas Project to Start off at Tengiz
Chairman of the Presidium of Kazakhstan’s Union of oilfield related companies Rashid Zhaksylykov told about the new projects in the oil and gas sector in Kazakhstan, BNews.kz correspondent reports. The oil and gas sector is active in the country. Positive trends in oil prices have revived the sector: a start …
BHGE Turbogenerator Module for Tengizchevroil Project in Kazakhstan
BHGE’s Turbomachinery Process & Solutions team is ready to ship the first in a series of 5 modules assembled at our Avenza yard in Italy, for the TENGIZ project. This first one, weighs more than 3,500 tons and is approximately 60m long, 15m width and 25m high. It was moved …