Eurasia Journal News

Rosneft Joins ‘Methane Guiding Principles’ Round Table

Eric Liron, Rosneft’s Vice President for In-House Services, joined the annual round-table meeting of members of the international initiative the Methane Guiding Principles. The meeting of executives from more than 20 signatory oil and gas companies was held in London. The Methane Guiding Principles is a voluntary, international multi-stakeholder partnership …

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Eurasia Journal News

Rosneft Has Installed Monitoring Stations for Drilling Data with Artificial Intelligence Elements in Heavy Drilling Rigs

Rosneft has installed monitoring stations for drilling data with artificial intelligence in heavy drilling rigs. This was announced by Eric Liron, First Vice President of PJSC NK Rosneft, in his speech at the Vth Conference of the Upstream Technologies Company. “Over the past 5 years, the volume of drilling at the …

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Eurasia Journal News

Representatives of Leading Investment Companies Visit Rosneft Production Facilities in Eastern Siberia

Representatives of leading investment companies visited the production facilities of Rosneft Oil Company in Eastern Siberia. The event was attended by more than 30 analysts from global investment banks (including Bank of America Merrill Lynch, Morgan Stanley, Goldman Sachs, UBS, Credit Suisse, JP Morgan) and portfolio managers from investment funds …

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Rosneft Acquires Orenburg Drilling Company

Rosneft completed acquisition of 100% share in Orenburg Drilling Company from VTB-Leasing Group. Acquisition of Orenburg Drilling Company is the key aspect of the program aimed at the re-equipment of Rosneft’s fleet of drilling units and implementation of the policy of the group for internal service share increase. Acquisition of …

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TNK-BP Expands Its In-House Training Program to Cover 17500 Employees in 2012

TNK-BP informs that in 2012 it expanded its in-house training program aimed at efficiency improvement in the Company’s core activities, increasing the number of participants up to 17,500.   The Company launched the in-house training program in all the TNK-BP Group companies in 2009 by establishing its unparalleled in-house trainers …

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TNK-BP to Cut Cost of Drilling 50 Wells in Orenburg through Technical Skills Enhancement Program

Orenburgneft (part of the TNK-BP Group of Companies) has improved the efficiency of its well drilling operations by cutting $15 mln off drilling costs since 2010 through a skills enhancement program for technical specialists. TNK-BP is implementing an extensive program of further training for its technical staff. By continuously improving …

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TNK-BP Will Reduce Electricity Costs in Artificial Lifting by $31 Million in 2012

TNK-BP plans to cut electricity costs in it`s artificial lift activities by $31 million this year, as part ofthe Company`s energy efficiency improvement program. The Company intends to integrate energy-efficient technologies in 6,020 wells, which is 35% more than in 2011. Artificial lifting accounts for more than half of the electricity consumed by TNK-BP. The application of …

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