Tengiz Oilfield Development
Sector: Oil and Gas • Location: Kazakhstan
Source: Businessday NG
Chevron has launched a $48 billion project to develop a major oilfield in Kazakhstan, one of the world’s largest oil reserves. The Tengiz oil field is expected to produce 1 million barrels of oil equivalent per day, significantly boosting Chevron's presence in the energy-rich OPEC+ nation.
- Status
- Under Construction
- Sector
- Oil and Gas
- Location
- Kazakhstan
- Updated
- 22 Jul 2026
- Source
- Businessday NG
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Project Information
Participants
| Not available for this record. |
Status
Original status | Under Construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Chevron has launched a $48 billion project to develop a major oilfield in Kazakhstan, one of the world’s largest oil reserves. The Tengiz oil field is expected to produce 1 million barrels of oil equivalent per day, significantly boosting Chevron's presence in the energy-rich OPEC+ nation. |
Original sector | Energy |
Budget |
Location
Country | Kazakhstan |
Source
Source | Businessday NG |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-01-29 |
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