Tatneft

A meeting of a standing committee on labor safety was held at OAO TATNEFT with participation of its structural divisions and management companies on the results of operation in 2011 and the main areas of organizational and technical work on the industrial and fire safety, occupational safety, industrial inspection, prevention …

A delegation of main construction participants of the Gazprom’s project “Novy Urengoy Gas and Chemical Complex” visited TANECO Refineries and Petrochemical Plants Complex (NPiNHZ). The delegation included executives and specialists of the customer OOO”NGHK”, as well as main contractors for the construction: OOO “PF” VIS” and OOO” SPO “Kazan”. At …

TATNEFT Company has successfully drilled wells of small diameter with horizontal wellbore completion. The wells with horizontal wellbores following the TatNIPIneft design have been constructed for NGDU “Nurlatneft” (productive Bashkirian layer of Ashalchinskoye field) and for NGDU “Almetyevneft” (productive Tournaisian layer of Romashkinskoye field). The specifics of drilling the horizontal …

As of today, there are 4069 supplier companies registered in the framework of creating the electronic trading system for procurement of material and technical resources for TATNEFT Company enterprises. The Department of Logistics carried out 86 procurement procedures in January 2012. 1496 two-stage procurement procedures were carried out in 2011 …

The specialists of TATNEFT Company started well workover operations in the south-eastern sector of the oil production area No. 4 at NGDU “Goturdepenebit”. The work is carried out by the Company’s branch in Turkmenistan within the framework of the contract between OAO TATNEFT and the State Concern “Turkmenneft” for providing …

Crude Oil Production TATNEFT produced 2,201,630 tons of crude oil in January 2012 or 100% versus January 2011 with the above-the-plan production amounting to 52,162 tons (102.4%). The amount of 2,176,645 tons was delivered with the above-the-plan delivery amounting to 79,005 tons. Totally enterprises of TATNEFT Company produced 2,225,664 tons …

Alexander Avramenko, the head of Tatneft’s Procurement Department, will take part in the VII International Conference “Oil&Gas Industry Procurement” (NEFTEGAZSNAB-2012)  which is to start on march 15 in the Radisson-Slavyanskaya Hotel.  The purpose of VII annual conference, which gathers the heads of the oil and gas procurement services, is to …

Five representatives of Tatarstan and among them Vladimir Pupyshev, a remedial well servicing operator of NGDU “Prikamneft” of OAO TATNEFT, were included in the federal project “Hall of National Labor Fame” at year-end 2011. The “Labor Fame of Russia” project is supported by the Government of the Russian Federation with …

The credit facility is structured as a fixed rate loan of 3.50% per annum with a 6-month interest period and a bullet repayment after three years.  The transaction has some unique features associated with hedging the lenders’ exposure at closing to the fixed interest payable by the Company.  The credit …

The annual shareholders meeting of OAO Nizhnekamsktekhuglerod (NKTU, part of Tatneft-Neftekhim Management Company) was held, which was attended by Yulia Voronina, Chief Adviser of the Presidential Office of the Republic of Tatarstan, Aidar Gareev, Deputy Head of the Executive Committee of Nizhnekamsk Municipal District and Zagit Sharafeev, Deputy General Director …