tengizchevroil

In August, 2016 the Ministry of Energy of Kazakhstan shared its plans for abandonment of 126 offshore Caspian wells before 2019. And this is just the tip of the issue. The majority of the countries land wells are out-of-date and their rate of decline is accelerating. In Kazakhstan, it is …

Earlier this year, Blue Water Shipping announced a major contract, in connection with the TCO FGP project, with a value of US$350 million. For this project, Blue Water Shipping is leading a consortium in partnership with Topaz Marine and Energy which will supply 15 specially designed MCVs for the transportation …

Tengizchevroil, a Chevron-led joint venture and Kazakhstan’s No.1 oil producer, may take out loans and issue bonds to finance its $37 billion plan to expand production, an official at state oil firm KazMunayGaz said on Thursday. KazMunayGaz also holds a stake in Tengizchevroil. “There are different scenarios, but we think …

It is planned to adopt a final decision on financing the Wellhead Pressure Management Project / Future Growth Project (WPMP / FGP) of the Kazakh field Tengiz in the first half of 2016, according to the information on the results of activities of the Ministry of Energy of Kazakhstan for …

Introduction Among the FSU (former Soviet Union) countries, Kazakhstan has the second largest liquid hydrocarbon fields after Russia. According to the Republic of Kazakhstan State Commission for Mineral Reserves, the recoverable oil reserves in the country are estimated at 4.1 billion tonnes (30 billion barrels) including onshore fields (more than …

Tengizchevroil, a joint venture between Chevron, KazMunaiGas, ExxonMobil and LukArco, has chosen TenarisHydril ER™ connections with Dopeless® technology on 13 3/8” casing for its developments in the Tengiz field in Western Kazakhstan The company decided to migrate from API BTC connections to ER™ Dopeless®connections due to the operational benefits, especially the simplicity of …