Chevron marked the 20th anniversary of the company’s successful partnership with the Republic of Kazakhstan in 2013. Through our affiliates Tengizchevroil LLP and Karachaganak Petroleum Operating B.V., Chevron is Kazakhstan’s largest private oil producer and holds important stakes in the nation’s two biggest oil-producing projects—the Tengiz and Karachaganak fields.
Tengiz is the world’s deepest operating super-giant oil field, with the top of the reservoir at about 12,000 feet (3,657 m) below ground. Chevron holds a 50 percent interest in Tengizchevroil (TCO), which operates the field. The partnership also is developing the nearby Korolev Field.
Chevron also holds an18 percent interest in the Karachaganak Field, Kazakhstan’s second-largest producing petroleum reserve.
Chevron is the largest private shareholder in the Caspian Pipeline Consortium. The pipeline provides an important export route for crude oil from TCO and Karachaganak. The pipeline is undergoing a major expansion.
Chevron also operates a polyethylene pipe and valve plant in Atyrau.
In Kazakhstan, as in any country where Chevron does business, we are a strong supporter of programs that help the community.
Updated: March 2015