TNK-BP

In his new position, Christopher will be responsible for exploration projects of the Company in and outside Russia. Christopher has 30-year experience in exploration and production of hydrocarbons. Since August 2011 to date, Christopher has been working in TNK-BP as Vice President, International Projects and Exploration and in 2006–2008 as …

Mr. Zilbermints has over 19 years of experience in the oil industry both in Russia and abroad, having worked for AmocoEurasia, Gaffney, Cline & Associates, LUKOIL Overseas and Gazpromneft. At Gazpromneft he held the position of Deputy General Director, Upstream, with responsibility, amongst other things, for developing the company’s international …

Marat Basyrov, Director, Reservoir Management Functional Excellence Dept., Reservoir Management and Reserves Division, Upstream The main goal of water flooding is to maintain reservoir energy (reservoir pressure) and the displacement of oil to production wells. The amount of injected water and the location of the injection site are very important. …

TNK-BP is going to reduce its total expenses for operation of approximately 16,000 artificial lift wells by 10% by the year 2012. The company is implementing a number of comprehensive programs along the key lines of its activities in accordance with the artificial oil lifting efficiency improvement strategy. This strategy …

TNK-BP is consistently outsourcing IT services for improving its business performance and reducing its costs. The company is extensively using latest IT technologies for maintaining the production level in its brownfields and creating systems for management and monitoring of its assets, investing approximately $200 million into IT services every year. …

“TNK-BP has once again produced a set of record operational and financial results,” said Mikhail Fridman, Executive Chairman of TNK-BP Ltd. “The Company delivered record production of 1,784 mboe/d and increased refining throughput by 2% to 747mb/d. Also, we have completed international acquisitions in Vietnam, where we have commenced our first offshore …

TNK-BP published the results of an international audit of its reserves at the end of 2011. As of December 31, 2011, the total proved SEC life-of-field (LOF) reserves of TNK-BP consolidated subsidiaries, estimated according to the criteria of the US Securities and Exchange Commission (SEC), amount to 9.115 billion barrels …

TNK-BP and the Government of the Orenburg region signed an Agreement to determine the key areas and parameters of cooperation between the Company and the region in 2012. TNK-BP is the biggest taxpayer in the Orenburg region and implements a number of social investment programs in the region including charitable …

Samotlorneftegaz (incorporated into the TNK-BP Group of companies) is actively using the mobile drilling technology for more efficient production in mature fields of West Siberia. The technical capacity of mobile drilling rigs is no worse than that of pad mounted drilling rigs. Mobile drilling rigs allow drilling of wells up …

TNK-BP and the Krasnoyark Krai Government signed a cooperation agreement for 2012, according to which the company will invest at least 3 billion rubles in 2012 into development of infrastructure and implementation of production projects in the region. Currently, TNK-BP is implementing one of the largest investment projects in the …