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 …
Tengizchevroil to Double LPG Export Through Taman Port in 2018 – Traders
Tengizchevroil (TCO), Kazakhstan’s liquefied petroleum gas (LPG) producer and exporter, plans to raise propane and butane export through Russian port Taman in 2018 to 450,000 tonnes from 240,000 tonnes in 2017, traders said. TCO’s shipments of LPG through Taman port will grow in March to about 40,000 tonnes from 27,000 tonnes …
TCO Reaches Record-High Oil Production in 2017, Seeks to Expand in 2018
ASTANA – Last year was a milestone for Tengizchevroil (TCO), the Chevron-led joint venture operating the Tengiz oil and gas field in Atyrau region, as the company achieved a record-high 28.7 million tonnes in oil production. TCO General Director Ted Etchison reported the 2017 results and plans for 2018 during a …
Kazakhstan’s Tengizchevroil Increases Oil Production
By Ali Mustafayev – Trend: The Tengizchevroil (TCO) oil company produced 28.7 million tons of crude oil (229 million barrels) in 2017, the Director General of the company Ted Echtison said at a press conference in Almaty, Kazakh media outlets reported. Etchison stressed that the mentioned figure is a record …
Kazakh Tengizchevroil Plans to Cut oil Output Due to Maintenance
Tengizchevroil, Kazakhstan’s largest oil producer, plans to cut oil production by 480,000 tonnes in August and by 60,000 tonnes in October due to maintenance works, the Kazakh Energy Ministry told Reuters in emailed comments. The maintenance work will be in two phases between Aug 1 and Sept 2 as well …
Kazakhstan’s Tengizchevroil cuts dividends to finance expansion
Tengizchevroil, Kazakhstan’s biggest oil producer, has reduced dividend payouts to its shareholders Chevron, ExxonMobil, LUKOIL , and KazMunayGaz, KazMunayGaz’s chief executive Sauat Mynbayev said on Thursday. Mynbayev told reporters Tengizchevroil would also borrow about $20 billion to help finance the $37 billion expansion. He did not say what the previous …
Blue Water Shipping Secures New Contract in Kazakhstan for Oil Majors
A consortium led by Blue Water Shipping has been awarded an additional contract by Tengizchevroil (TCO). In 2016, Blue Water Shipping announced the signing of three contracts in connection with the Tengizchevroil (TCO) Future Growth Project-Wellhead Pressure Management Project (FGP-WPMP). For these contracts, Blue Water Shipping is leading two consortiums …
Tenaris: Launches Premium Threading Facility in Aktau
Tenaris introduced today to customers its new premium threading facility in Aktau, Kazakhstan. The new plant will support Tenaris’s long-term agreement with Karachaganak Petroleum Operating (KPO), plus key operator Tengizchevroil (TCO) and will enhance the service offer to other customers operating in major Kazakhstan fields with commercial, technical, field service and supply chain …