
Tengizchevroil is the largest energy company operating in Kazakhstan. It was originally formed in 1993 and has various partners: KazMunayGas, Chevron Overseas Company, Exxon Mobil Kazakhstan Ventures Inc. and Lukarco B.V. It also owns one of the world’s top ten fields: Tengiz. The U.S. partner helped increase output from 1 million tons per year in 1993 to 13.5 million tons today. By instituting best practices and improving drill technology, the company’s production will double by 2007. The goal is to bring Kazakh exports to three million barrels per day (mbd), which would be an impressive figure for a country of 15 million people.
Through our subsidiaries, Chevron is involved in two of Kazakhstan’s largest joint ventures: Tengizchevroil (TCO) and Karachaganak Petroleum Operating B.V. (KPO).
Chevron is Kazakhstan’s largest private oil producer, holding important stakes in two of the nation’s biggest oil-producing fields – Tengiz and Karachaganak.
Chevron holds a 50% interest in Tengizchevroil which develops Tengiz and Korolev fields. The joint venture is also developing the nearby Korolev Field.
In addition, Chevron holds an 18% interest in the Karachaganak Field.
Chevron is the largest private shareholder in the Caspian Pipeline Consortium (CPC). The Caspian Pipeline provides an important export route for crude oil from Tengiz and Karachaganak. A major expansion of the pipeline was recently completed.
Chevron also operates a polyethylene pipe plant in Atyrau. The plant is run entirely by Kazakhstanis. In Kazakhstan, as in any country where Chevron does business, we are a strong supporter of programs that help the community.
Human Rights Campaign - 2022 - Rated 100%
For the 15th consecutive year, Chevron achieved a rating of 100 percent on the Human Rights Campaign Equality Index, which ranks U.S. companies committed to lesbian, gay, bisexual and transgender equality in the workforce.
2023 best place to work for disability inclusion
The American Association of People with Disabilities and Disability : IN have recognized Chevron with a 100% rating on the 2023 Disability Equality Index, maintaining our top score for the fourth year in a row.
Forbes and Statista named Chevron to the 2019 list of America’s Best Employers for Women.
At Chevron, we believe energy enables human progress. We see this power at work globally by delivering the affordable, reliable, ever-cleaner energy that billions of people worldwide rely on every day. We also see it locally, where successful energy partnerships become a catalyst for boosting economies, creating jobs, supporting businesses, building communities, empowering people and advancing critical sustainable development goals.
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