ALASH at TCO Future Growth Project Presentation

The ALASH Unified Database will be present with a stand at the forthcoming Future Growth Project and Wellhead Pressure Management Project (FGP-WPMP) presentation in Atyrau on Tuesday 30th January. 

On July 5th 2016, Tengizchevroil LLP (TCO) announced it had received approval from its partners on the final investment decision for FGP-WPMP. 

The next expansion of the Tengiz oil field in western Kazakhstan is expected to increase Tengiz crude oil production capacity by about 12 million tonnes per year/260,000 barrels per day to about 39 million tonnes per year/850,000 barrels per day, with peak rates exceeding 900,000 barrels of crude oil per day. 

Kanat Bozumbayev, Minister of Energy for the Republic of Kazakhstan stated that: “This decision made by major international companies re-affirms that the Republic of Kazakhstan is a country with favourable business-climate where long-term investments can be made with confidence,” adding “We welcome the decision by TCO’s partners and hope for further cooperation to successfully execute the project.” 

It is estimated that FGP-WPMP will generate approximately 20,000 jobs during peak construction.
Anuarbek Jakiyev, TCO Deputy General Director, said: “The creation of jobs, the purchase of products and services and the ‘multiplier effect’ throughout Kazakhstan’s economy are significant. FGP-WPMP will leave a legacy of new capabilities for our country’s future -- in engineering, high-tech equipment servicing, project management, construction and fabrication.” 

TCO is one of the three principal users of the ALASH Unified Database and Suppliers are encouraged to register with the system in order to pre-qualify for participation in tenders.
The ALASH team will be available throughout the day to assist those Suppliers that have as yet to register with the system. 

 Any advance queries can be addressed to: help@alash-kz.com