Oil output in 2025 tops 39 mln tonnes at Tengiz, 18 mln at Kashagan – governmentOil production at Kazakhstan’s Tengiz field exceeded 39 million tonnes in 2025 following completion of the Future Growth Project (FGP), the government press service said.The 2025 plan announced last June projected output of 35.7 million tonnes. In 2024, project operator Tengizchevroil (TCO) produced 27.8 million tonnes at the Tengiz group of fields.At Kashagan, another major Kazakh field, output in 2025 exceeded 18 million tonnes, the press service said. KazMunayGas had previously forecast production of 18.25 million tonnes this year.Kashagan is Kazakhstan’s first offshore oil and gas field in the Caspian Sea. It is the largest international investment project in the country. The estimated recoverable reserves of Kashagan range between 9 and 13 billion barrels of oil. Commercial operation at Kashagan began on November 1, 2016.North Caspian Operating Company (NCOC), the operator of the Kashagan project, is owned by KMG Kashagan B.V. (16.877%), Shell Kazakhstan Development B.V. (16.807%), Total EP Kazakhstan (16.807%), Agip Caspian Sea B.V. (16.807%), ExxonMobil Kazakhstan Inc. (16.807%), CNPC Kazakhstan B.V. (8.333%), and Inpex North Caspian Sea Ltd. (7.563%).The Tengiz field was discovered in 1979 and now is one of the world’s deepest producing super giant fields. Estimated oil in place in the Tengiz field is 3.1 billion metric tonnes. The field is developed by Tengizchevroil JV (TCO), which is owned by Chevron Corp. (50%), ExxonMobil Kazakhstan Ventures Inc. (25%), Kazakhstan through National Company KazMunayGas (20%) and Lukoil (5%). The company has been operating in Kazakhstan since 1993. (ICE ALMATY)

Fonte notizia: INTERFAX