Tengizchevroil Is A Joint Venture Company Based In Kazakhstanfocused On The Production Of Oil And Gasestablished In 1993It Is A Partnership Between The Republic Of Kazakhstan And Chevronwith Additional Stakeholders Including Exxonmobilkazmunaygasand Lukoilthe Company Operates Primarily In The Tengiz And Korolevskoye Fieldswhich Are Significant For Their Vast Oil Reserves The Main Product Of Tengizchevroil Is Crude Oilwith The Tengiz Field Estimated To Contain 3 1 Billion Metric Tonnes Of Oilthe Company Also Produces Natural Gas As A Byproduct Of Its Oil Operationstengizchevroil Is Involved In Oil Field Development And Has Completed Major Infrastructure Projectsenhancing Its Production Capabilitieswith A Workforce Of Around 4 000 Employeesthe Company Plays A Vital Role In Local Employment And Contributes Significantly To Kazakhstan S Economy
