ASTANA, Kazakhstan, September 4. Tengizchevroil (TCO, a joint venture between Kazakhstan and Chevron) has safely completed, within schedule and budget, its planned turnaround maintenance work on two of five production trains at the Complex Technological Lines (KTL) plant located at the Tengiz oil field in Kazakhstan, Trend reports.
As TCO noted, the turnaround activities used industry-leading execution methodologies aimed at maintaining reliable base business performance.
"This year’s turnaround is an example of tremendous collaboration between TCO and our contractor partners. I am very proud of the skills and dedication of our workforce and their unwavering commitment to safety, efficiency, and excellence, all of which have enabled this turnaround to be a major success," - said Kevin Lyon, TCO General Director.
According to TCO, over 7,000 Kazakhstani employees participated in the turnaround, and 20 local contractor companies were able to implement a number of improvement activities focused on plant integrity and reliability.
Tengizchevroil, a joint venture between Kazakhstan and Chevron, manages the Tengiz field in the meantime. In 1979, scientists discovered Tengiz, the world's deepest-producing super-giant oil field. Kazakhstan and Chevron formed the Tengizchevroil (TCO) partnership on April 6, 1993.
The estimated amount of oil in place in the Tengiz field is 3.1 billion metric tons (25 billion barrels), and 200 million metric tons (1.6 billion barrels) in the Korolev field, where Tengizchevroil also produces. Estimates place the total recoverable crude oil in the Tengiz and Korolev fields at 1.4 billion metric tons (11.5 billion barrels).