The Wellhead Pressure Management Project (WPMP) at the Tengiz oil field has begun operations, marking a significant step forward for Tengizchevroil (TCO). However, challenges remain as TCO pushes towards full project completion.
The key hurdle lies in managing the existing oil production while implementing the WPMP. This involves lowering pressure at wellheads and subsequently boosting it to maintain capacity at existing processing plants, a complex process requiring ongoing adjustments.
While the WPMP startup is a milestone, the complete expansion relies on the successful execution of the Future Growth Project (FGP). This final stage, targeted for completion in mid-2025, will determine the ultimate production increase of 12 million tons per annum.
TCO acknowledges the crucial role of partnerships and stakeholder engagement. Their success hinges on continued support from the Kazakh government, existing partners, contractors, local communities, and their skilled workforce.
A significant achievement is the upskilling of 4,000 Kazakhstani employees through specialized training for the PBF project. This focus on local workforce development highlights TCO’s commitment to the region.
TCO’s focus remains on collaborating with partners and the Kazakh government to ensure the safe and successful completion of the entire FGP-WPMP project. Despite the WPMP startup, there’s still work to be done to achieve the ambitious expansion goals.