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Tatneft: Lifting of a Unique Fractionator Was Carried out at the Hydrocracking Installation Construction Site

Lifting of a unique fractionator, which is a major unit of the combined hydrocracking installation, was carried out at the construction site of the oil refineries and petrochemical plants complex in Nizhnekamsk. Four heavy equipment units: two high pressure separators, an absorber and a circulating gas compressor separator for the …

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Tatneft Expands Application of the Formation Hydraulic Fracturing Method

One of the most effective ways to significantly increase the oil recovery rate and cost-effectively operate wells at the late stage of development at OAO TATNEFT is the technology of the formation hydraulic fracturing. The Company’s specialists have planned to perform 364 FHF operations in 2012 (320 in 2011 and …

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Tatneft Receives New Canadian Patent

Tatneft continues its work on legal protection of the Company’s developments abroad. The Company received patent № 2505412 in early July for the invention “Well Underreamer”. The present invention relates to devices for local well casing profile liners. The application of the device in the wells of OAO TATNEFT allows …

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Regular Meeting of Tatneft Board of Directors Was Held

A regular meeting of the Board of Directors of OAO TATNEFT chaired by R.N. Minnikhanov, President of the Republic of (Republic of Tatarstan) on July 30, 2012. The meeting discussed the outcome of the budget execution of OAO TATNEFT for the first half of 2012 and approved the budget for …

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Meeting of the Board of Directors of Taneco

A Board of Directors meeting of OAO TANECO chaired by Farid Davletshin, Head of the Investment Department of OAO TATNEFT, was held on July 27. The first item of the agenda was the production plan execution for the last month and plans for the next one. The amount of 622,700 …

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Tatneft Will Help Victims of the Krasnodar Territory

Humanitarian aid collected by the enterprises of TATNEFT Group of Companies and the member companies of the Holding: OAO TANECO, OOO Tatneft-Neftekhim Management Company as well as OOO TagraS-Holding, which unites the companies that provide maintenance services to TATNEFT, went to the Krasnodar Territory on July 12. In these disastrous …

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Heavy Equipment Was Mounted at the Construction Site of the Hydrocracking Installation

Mounting of the circulating gas compressor separator was performed at the construction site of the combined hydrocracking installation of the TANECO Oil Refining and Petrochemical Plants Complex. This is already the third unit of heavy weight equipment mounted during one a half weeks at this facility. The cold high pressure …

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Tatneft Held a Traditional Oil Summit

The oil forum was attended by Ildar Khalikov, Prime Minister of Tatarstan, heads of ministries and departments of the Republic of Tatarstan, top management and professionals of OAO TATNEFT headed by Shafagat Takhautdinov, General Director of OAO TATNEFT, Vladimir Busygin, General Director of OAO “Nizhnekamskneftekhim”, heads of petrochemical, crude oil …

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Oil and Gas Production Board Elkhovneft Celebrates Its 50th Anniversary

Oil and Gas Production Board “Elkhovneft”, which is one of the leading divisions of OAO TATNEFT, celebrates its 50th anniversary. The function dedicated to this memorable date was held at the “Neftche” Palace of Culture in Almetyevsk (Tatarstan) on July 6. Farid Mukhametshin, Chairman of the State Council of the …

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Figures Demonstrating Results of Our Operations in June and for Six Months of 2012

Crude Oil Production OAO TATNEFT produced 2,132,023 tons of crude oil in June or 100.1 percent versus June 2011 (+1,684 tons). The Company produced 12,913,231 tons In six months, which was 56,106 tons more than in 2011 (100.4 percent) with the above-the-plan production accounting for 287,017 tons (102,3 percent). The …

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