BAKU, Azerbaijan, Nov. 11
By Nargiz Sadikhova - Trend:
The Future Growth Project-Wellhead Pressure Management Project’s (FGP-WPMP) last Pre-Assembled Unit was safely delivered to the Tengiz field in Kazakhstan on October 28, 2020, Trend reports citing Tengizchevroil company which operates the project.
This milestone marks the successful completion of a three-year Sealift campaign involving the marine transportation of 408 large modular cargo items from international locations.
As planned, all modules are now on site to enable the FGP-WPMP team to continue with stacking and construction activities at Tengiz.
The FGP-WPMP is of national importance and is helping to create a legacy of a trained and skilled local workforce, technology transfer through partnerships with international companies, and upgraded infrastructure in the region.
Since the commencement of FGP-WPMP, TCO has spent over $10.3 billion to purchase Kazakhstani goods and services. Approximately 91 percent of the total project workforce are Kazakhstani citizens.
TCO has engaged Kazakhstani entities to participate in FGP-WPMP in engineering, procurement and fabrication services and has pre-screened 2,351 Kazakh companies and pre-qualified 1,281 companies. More than 630 contracts have been awarded to Kazakh registered companies.
The Tengiz oil field was discovered in 1979 and is one of the biggest and deepest oil fields in the world. The total explored reserves of Tengiz reach 3.2 billion tons, while recoverable reserves range from 890 million tons to 1.37 billion tons.
In 1993, Tengizchevroil LLP, which is the project operator, was established based on an agreement between Kazakhstan and Chevron. Presently, Tengizchevroil includes Chevron (50 percent), ExxonMobil Kazakhstan Ventures Inc. (25 percent), KazMunayGas (20 percent), and LukArco (5 percent).
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