Chevron is Kazakhstan's largest private oil producer, holding important stakes in the nation's two biggest oil-producing projects – Tengiz and Karachaganak.
Tengiz is the world's deepest operating super-giant oil field, with its top reservoir at about 12,000 feet deep (3,657 m). Chevron holds a 50 percent interest in Tengizchevroil (TCO), which operates the field. The partnership also is developing the nearby Korolev Field.
TCO recently completed a $7.4 billion expansion that completed two projects referred to as the Sour Gas Injection and Second Generation Plant. The integrated expansion projects increase TCO's crude oil production capacity by approximately 80 percent.
Chevron also holds a stake in Karachaganak, Kazakhstan's second-largest producing petroleum reserve.
Chevron is the largest private shareholder in the Caspian Pipeline Consortium pipeline. The pipeline provides a critical export route for crude oil from TCO and Karachaganak.
Chevron also has a polyethylene pipe 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 2009