Tengiz MOU signed: opportunities continue to grow in Kazakhstan
Kazakhstan authorities report that a Memorandum of Understanding has been signed between government and Tengizchevroil LLP, known as TCO, that sets out their joint commitment to expanding production at the field.
The MOU maps out the responsibilities of each party to enable delivery of the Future Growth Project (FGP) and Wellhead Pressure Management Project (WPMP).
According to Trend, the projects will enable increased production from 26 million to 38 million tons of oil per year.
Projects on this scale require expertise in a wide range of fields including engineering, construction, information technology. We’re heading out to Kazakhstan next month to talk to local contacts in more depth about their requirements. Let us know if this looks like something you’d like to be part of.