Chevron Kazakhstan Oil JV Start New Tengiz Production

Chevron launched its first production at its Tengiz oilfield expansion project in Kazakhstan on Thursday, with completion of the final phase of the expansion set for the first half of next year, enabling an additional 260,000 barrels per day of crude oil output, or an additional 12 million tons per year.  “This is a significant step towards completion of the Future Growth Project (FGP). It is also important progress for the modernization of the existing base business at Tengiz and demonstrates TCO’s commitment to safely and reliably…