The 32nd Plenary Session of the Foreign Investors' Council chaired by the President of the Republic of Kazakhstan was held on July 4, 2019, in Nur-Sultan.

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EXXONMOBIL IN KAZAKHSTAN

 With its more than 135-year-long history, ExxonMobil is the world's largest publicly traded international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world. ExxonMobil worldwide has a resource base of 91 billion oil-equivalent barrels, and the industry’s strongest portfolio of proprietary technology.  We have an active exploration or production presence in more than 30 countries. We have a geographically diverse portfolio of more than 100 major projects and global gas and power marketing activities, as well as an industry-leading workforce safety performance. The company produces 4.1 million oil equivalent barrels of oil and gas daily around the world. Our fuels and lubricants marketing businesses have a global reach, supported by world-renowned brands, including Exxon, Mobil, and Esso.  

 ExxonMobil started in Kazakhstan in 1993, becoming one of the first major Western oil companies to invest in the newly independent Republic. We are active in development, production and transportation of oil and gas. ExxonMobil has a 25% interest in the Tengizchevroil (TCO) joint venture, which operates the super-giant Tengiz field, a 16.81% interest in the North Caspian Production Sharing Agreement (NCPSA) that includes the Kashagan field; and a 7.5% interest in the Caspian Pipeline Consortium (CPC).

 Investing in economy

 TCO operates a production license encompassing the Tengiz and Korolev fields. The production from these fields is processed through an associated processing plant complex that includes one of the largest single oil and gas processing trains in the world and the world’s highest-pressure sour gas re-injection. In 2017, TCO produced 28.7 million metric tonnes (229 million barrels). TCO is progressing the Future Growth and Wellhead Pressure Management Project (FGP/WPMP) in accord with the final investment decision made in July 2016. This project is aligned with ExxonMobil’s investment strategy and long-term focus on developing world-class resources, with an emphasis on safety, cost management, disciplined execution and asset enhancement. The expansion project will continue to generate significant economic benefits for the people of Kazakhstan.

 NCPSA covers an area of almost 5,700 sq km in Kazakhstan's sector of the Caspian Sea and includes the Kashagan, Kalamkas, Aktote, and Kairan discoveries. The Kashagan development includes an offshore production/separation hub on an artificial island, drilling islands, onshore oil stabilization facilities and onshore gas treating facilities. The NCPSA Operator is the North Caspian Operating Company (NCOC), designed as a single, independent joint venture comprised primarily of national employees supplemented by expatriate employees of the co-venture companies. The facilities started producing in September 2016. NCOC has safely reached actual production levels of over 35.4 thousand metric tons (280 thousand barrels) per day in 2017. System utilization (production reliability) is exceeding forecasts. With the start-up of raw gas re-injection and better understanding of reservoir performance, it is expected that the project will need year 2018 to fully accomplish oil production ramp-up to a capacity of 370,000 barrels per day.

 CPC operates a pipeline that runs from the Tengiz field in Kazakhstan to the Novorossiysk marine terminal on the Russian Black Sea coast. CPC completed Kazakhstan's end of expansion project in 2017 whilst in Russia, there is one oil-pumping station left to be put into operation. After the commissioning of the remaining facilities, the total throughput capacity of the pipeline will have been increased from 28.2 million tonnes to 67 million tonnes (1.4 million barrels per day). The pipeline system represents the most attractive export option for Kazakh crude oil and transports ExxonMobil equity production from the Tengiz and Kashagan fields.

 Investing in people

 ExxonMobil is an active supporter of community programs wherever we live and work.  We believe that our strong focus on education and health empowers communities and builds the foundation for human progress.

 In partnership with the Atyrau Regional Healthcare Administration ExxonMobil implements a number of health projects such as the purchase of life-saving equipment for underweight newborns, fetal monitors, ambulance vehicles, analyzers for regional medical facilities, as well as the installation of automated ambulance dispatch system in the region’s hospitals.

 Education is another priority area for us.  ExxonMobil sponsors medical students to cover the lack of the Atyrau region in specialized medical personnel and supports training of the ob-gyn personnel in order to address the infant mortality and morbidity issue and funds qualification upgrade of cardiologists and other medical specialists. ExxonMobil supports international and national STEM-oriented competitions.

 

Established:

1993

Web-site:

 

www.exxonmobil.com

 

Business locations:

23 Kulmanov Str. 62                                   

060011 Atyrau, Kazakhstan                        

Tel.: (+7 7122) 55 18 01                              

Fax: (+7 7122) 55 18 09     

                      

Kosmonavtov Str., 8th floor

010000 Astana, Kazakhstan

Tel.: (+7 7172) 69 41 01;

Fax: (+7 7172) 69 41 09

Parent company:               

Exxon Mobil Corporation