Tengizchevroil (TCO), a joint venture of Chevron Corp., ExxonMobil Corp., KazMunayGas, and LukArco, has let an engineering, procurement, and construction contract to Bechtel to build four crude-oil storage tanks at the TengizChevroil oil production facility in Tengiz, Kazakhstan. Bechtel also will modernize the fire and gas detection systems across the entire crude tank farm.
The project will add to the existing facility 500,000 bbl of tank storage, export pumps, interconnecting pipe, switching manifolds, a monitoring station, associated facilities, and supporting infrastructure.
TCO in 2012 began front-end engineering and design on a 250,000-300,000 b/d expansion of oil production capacity from Tengiz field (OGJ Online, Feb. 15, 2012).
Chevron earlier this year reported its net production is expected to increase to 3.1 million boe/d in 2017 from 2.6 million boe/d in 2013 due in part to expansion of the TCO consortium (OGJ Online, Mar. 13, 2014).
