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Kazakhstan

A collection of 3 posts

Chevron and partners complete $48 billion expansion at Tengiz oil field — Static01.nyt.com

Chevron and partners complete $48 billion expansion at Tengiz oil field

Chevron and its partners have finished a roughly $48 billion expansion of the Tengiz oil field in western Kazakhstan, raising the field’s capacity to about one million barrels a day, Tengizchevroil said. Tengiz has produced oil for more than three decades. According to TCO, the field holds about 25

Massive Tengiz Expansion Raises Stakes for Chevron and Kazakhstan — Static01.nyt.com

Massive Tengiz Expansion Raises Stakes for Chevron and Kazakhstan

After roughly a decade of work and nearly $50 billion in spending, Chevron and its partners have boosted output at Kazakhstan’s Tengiz oil field to about one million barrels a day. Tengiz sits more than two miles underground in porous reef rocks and is estimated by Tengizchevroil to contain

Kazakhstan’s Tengiz Expansion Completed as Chevron Faces Export Risks and Contract Talks — Static01.nyt.com

Kazakhstan’s Tengiz Expansion Completed as Chevron Faces Export Risks and Contract Talks

Chevron and partners have completed a roughly $48 billion expansion of Kazakhstan’s Tengiz oil field, boosting capacity by about one-third to around one million barrels a day. Tengiz is a giant field containing an estimated 25 billion barrels, with the adjacent Korolev field holding about 1.6 billion barrels.