Alexander Dyukov Elected Chairman of Slavneft’s Board of Directors
On March 5, 2013, the new membership of Slavneft’s Board of Directors elected Alexander Dyukov, Chairman of the Management Board, General Director, OAO Gazprom Neft to be the new Chairman of the Board of Directors of OAO NGK Slavneft. At this position he replaced German Khan, Executive Director, OJSC TNK-BP …
Slavneft: C1 Reserves up by 21.2m Tons in 2012
In 2012, Slavneft managed to increase its C1 recoverable oil reserves by 21.2 mln tons. Over the reporting period, the Company’s subsidiaries produced 17.9 mln tons of oil. Therefore, hydrocarbon reserves replenishment at Slavneft’s license areas amounted to 118%. Total ABC1 remaining recoverable reserves on the books of Slavneft reached …
Slavneft Elects New Board of Directors
OAO NGK Slavneft’s shareholders elected the new Company’s Board of Directors at an Extraordinary General Shareholders Meeting on February 21, 2013. The new membership includes: 1. Vitaly V. Baranov – Deputy Chairman of the Management Board, Deputy CEO for Administration, OAO Gazprom Neft; 2. Dmitry S. Drobyshev – Director, Finance …
Slavneft: Marginal Year Increase in Proven Reserves of 0.5%
As of December 31, 2012, Slavneft’s audited proven reserves under USA Securities and Exchange Commission’s (SEC) LOF (life of field) methodology amounted to 1650.4 million barrels. The Company’s proven reserves increased by 8.4 million barrels or 0.5% as compared to 2011. The Holding’s reserves replacement ratio calculated as a ratio …
Slavneft and Yaroslavl Region Government Outlined Cooperation Program for 2013
Slavneft and the Yaroslavl Region Government signed a supplementary cooperation agreement for 2013. The document was signed by Yu.Ye. Sukhanov, the Company’s President and Sergey Yastrebov, the Yaroslavl Region Governor. Under the newly signed agreement, this year, Slavneft’s subsidiaries situated in the Yaroslavl Region will allocate over 230 mln rubles …
Slavneft’s Oil Production Reached 17.9 mln tons in 2012
In 2012, OAO NGK Slavneft’s entities produced 17.9 mln tons of oil which is 98.8% to the level of 2011. Gas production volume at the Company’s fields reached 841.0 cubic meters which is 0.5% lower than the past year’s level. Over the reporting period, 157 new wells were commissioned at …
The plan for the “Moscow Annual Oil and Gas Conferences” for 2013
Moscow oil and gas conferences (NEFTEGAZSNAB, NEFTEGAZSTROY, NEFTEGAZOPERERABOTKA, NEFTEGAZSERVICE, NEFTEGAZSHELF) aim at widening cooperation of oilmen and gas workers with their contractors and suppliers. Representatives of great many companies will be moderating the conferences as speakers and experts, the ones from Gazprom, Transneft, LUKOIL, ТNК-BP, Rosneft, Surgutneftegas, RussNeft, Slavneft, Tatneft, …
Slavneft’s Subsidiaries Produced 13.4 mln tons of Oil over 9 Months of 2012
In January-September 2012, Slavneft’s Subsidiaries produced 13.4 mln tons of oil and 627.3 mln m3 of gas under the Business Plan. The oil production decreased by 0.8% and gas production increased by 0.7% as compared to the similar period of 2011. Over the period specified, 541.2 ths m of rock …
Slavneft Retain 6+ Corporate Governance Score
The Consortium of the Russian Institute of Directors and the Expert RA Rating Agency again confirmed 6+ Corporate Governance Score of OAO NGK Slavneft in August, 2012. This score means the Developed Corporate Governance Practices according to the scale of the National Corporate Governance Score. This score is assigned to …
TNK-BP and Gazprom Neft Agree to Optimize Slavneft Governance Structure
TNK-BP and Gazprom Neft have agreed to launch a project to optimize governance of the Slavneft group , which they own on a parity basis. The ownership structure of Slavneft will remain unchanged. The project, which is subject to the finalization of certain corporate procedures, envisages that additional management and decision making authorities will …