KARACHAGANAK PETROLEUM OPERATING B.V. (KPO)

Karachaganak Petroleum Operating B.V. (KPO) is a joint venture between Eni SpA (29.25%), Shell plc (29.25%), Chevron (18%), LUKOIL (13.5%) and KazMunaiGas (10%).

KPO oversees the expansion and development of the Karachaganak field – one of the world’s largest oil and gas condensate fields. Located in northwest Kazakhstan it covers an area of over 280 square kilometers and holds estimated hydrocarbons initially in place (HIIP) of 13.6 billion barrels of liquids and 59.4 trillion cubic feet (tcf) of gas, of which approximately 17.1% of liquid (condensate and oil) and 15.8% of gas has been recovered to date.

Since signing the Final Production Sharing Agreement in 1997, KPO’s Partners have invested around $34.781 billion into developing of the field applying industry leading technology aimed at maximizing sustainable economic value. This is being implemented in accordance with the highest RoK and international safety and environmental protection standards.

KPO fully supports initiative of the Republic of Kazakhstan regarding transition to “a green economy”. For the first half of 2026, the gas utilisation rate at Karachaganak reached 99.95%, which is a world-class achievement. Overall, KPO’s investments into environmental activities have exceeded $468.58 million.

KPO is one of the first companies in Kazakhstan to successfully introduce a Local Content Development Programme. More than 7,189 Kazakhstani vendors are currently registered in KPO vendor database. For the first half of 2026, the Local Content in KPO contracts for procurement of goods, works and services reached more than $301.1 million in monetary terms.

As the largest employer in the West Kazakhstan Oblast (WKO), KPO is fulfilling its obligations towards provision of long-term local jobs with competitive salaries. Around 4,000 people work in KPO today.

KPO continues to implement a wide range of social and infrastructure projects in the WKO. From 1998 till the end of June 2026, KPO spent $942.54 million for social infrastructure projects in the WKO.

While delivering on its operation commitments, KPO as a responsible corporate citizen works towards ensuring sustainable development whilst generating maximum social and economic benefits from the Karachaganak field for the Republic of Kazakhstan and local communities. 

Contact Information:

General Director: Marco Marsili

Address: 81H Promyshlennaya Zona
Burlin District, West Kazakhstan Oblast
Aksai, 090300, Republic of Kazakhstan

Website: www.kpo.kz

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.