The President of Bashneft and the Governor of the Nenets Autonomous District inspect the implementation of oil spill response procedures at the Trebs oilfield
On May 4, the President of JSOC Bashneft Alexander Korsik and the Governor of the Nenets Autonomous District Igor Fyodorov visited the Trebs oilfield and inspected the implementation of emergency response activities. An oil spill happened on April 5 during an exploration well reentry. The Governor Igor Fyodorov held a work meeting in the construction workers’ camp at the Trebs oilfield. At the …
Bashneft and the Administration of the Nenets Autonomous District sign a Cooperation agreement
Bashneft represented by its subsidiary LLC Bashneft-Polus and the Administration of the Nenets Autonomous District have signed a Cooperation agreement today. The document was signed by Igor Fedorov, the Governor, representing the Administration of the Nenets Autonomous District, and by Vitaliy Litvinenko, the CEO of LLC Bashneft-Polus, representing Bashneft. The agreement signing ceremony was attended by Alexander Goncharuk, the Chairman of the …
Bashneft Wins Auction for Two Subsoil Blocks in the Nenets Autonomous District
Bashneft was recognized as winner of the auction held today by the Department of Subsoil Use of the Nenets Autonomous District (NAOnedra) and was granted the rights to geological exploration, finding, surveying, and production of hydrocarbons of the Yangareiskiy and Sabriyaginskiy subsoil blocks. The company will make a one-time payment …
Bashneft announces the results of international audit of the Company’s oil reserves for 2011
JSOC Bashneft has announced the results of an annual independent audit of the Company’s oil reserves conducted by Miller and Lents, Ltd. according to the international PRMS classification (Petroleum Resources Management System). According to the audit results, as of 31 December 2011, JSOC Bashneft’s proven reserves amount to 1 983.5 million barrels of oil, the replacement ratio of proven reserves is 167% and the Company …