Chevron is Kazakhstan’s largest private oil producer, holding important stakes in the nation’s two biggest oil-producing projects—the Tengiz and Karachaganak fields.
The Tengiz Field 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 an 18 percent interest in the Karachaganak Field, Kazakhstan’s second-largest producing petroleum reserve.
Chevron is the largest private shareholder in the Caspian Pipeline Consortium (CPC). The CPC 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 plant and a 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: May 2015