Chevron exec William Lacobie appointed head of Tengizchevroil

ATYRAU. May 29 (Interfax) - William Lacobie, managing director of Chevron's strategic business unit in South Africa, will head Tengizchevroil (TCO), which develops Kazakhstan's Tengiz oil field, effective June 10, TCO said.

"I am honored to join TCO as General Director at such a pivotal moment in its history. The Tengiz field is one of the most technically challenging fields in the world, and our company will remain focused on safe and reliable operations and supporting Kazakhstan's economic development," Lacobie said.

Lacobie will replace Kevin Lyon, who has served as TCO's CEO since 2021. Lyon will take on a new executive role at Chevron Corporate headquarters, the company said.

With 31 years of experience at Chevron, William Lacobie has held multiple operational and leadership positions across the company's business units in the United States, Angola, and Indonesia. Since 2021, he has served as Managing Director of Chevron's Southern Africa Strategic Business Unit, with responsibility for oil and gas production assets in Angola and the Republic of Congo, including oversight of the Angola LNG facility, one of Africa's largest liquefied natural gas projects.

TCO's ownership structure includes Chevron (50%), ExxonMobil Kazakhstan Ventures Inc (25%), Kazakhstan's national company KazMunayGas (20%), and Lukoil (5%).