TNK-BP

Halliburton will apply its technology and expertise in unconventional resources to develop TNK-BP’s assets previously considered uneconomical TNK-BP has selected Halliburton to provide an integrated services solution to increase production from the complex and challenging tight oil reserves in the Em-Yoga license area of Russia’s Krasnoleninskoe oil and gas field …

TNK-BP informs about the acquisition of 100% stake in Yupiter-A LLC, which owns licenses for Tverdilovskiy and Pogromnenskiy areas in the Orenburg region with total reserves (C1+C2) of 8.1 mln tons. Asset portfolio expansion is a part of the massive program aimed at efficient development of the prospective oil and …

Rosneft President and Chairman of the Management Board held a working meeting with BP CEO Bob Dudley to discuss the integration of Rosneft and TNK-BP. Bob Dudley will become a member of the steering committee co-ordinating the integration that will be chaired by Igor Sechin. The parties confirmed their commitment …

TNK-BP announces the discovery of new oil fields in the Pokrovsko-Sorochinskiy and Radovskiy blocks, with estimated potential recoverable reserves of 4 million tonnes in the ABC1 category and 1 million tonnes in the C2 category. The future development plan for the new fields includes a detailed appraisal of the acreage …

TNK-BP will investabout $64 million in 2013 projects to deploy new production technologies at Varyoganneftegaz(VNG)assets.   TNK-BP has been consistently pursuing its strategy of applying new technology to stabilize production of TNK-BP brownfield assets in West Siberia. By 2016, the Company plans to invest around $170 million to implement an …

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, …

The Ryazan Oil Processing Company (ROPC, part of TNK-BP Group) is completing the construction of a 617 million m3/year hydrogen production plant. The total project investments are $47 million. The plant is scheduled for commissioning in the first quarter of 2013. This project is part of a massive ROPC refinery …

ТNК-ВР, together with key suppliers and contractors, is implementing new approaches to cooperation to increase the efficiency of innovative challenged oil reserves development projects in West Siberia.   The TNK-BP top management and experts discussed key areas of focus within current and future projects with the representatives of over 30 …

The Rosneft Board of Directors met on 11 December 2012 and considered the approval of a major deal on the acquisition of a 50% stake in TNK-BP Limited and TNK Industrial Holdings Limited from Alfa Petroleum Holdings Limited and OGIP Ventures. The Board of Directors set the price of the …

Rosneft signed, in Munich, an agreement to purchase from the AAR Consortium (Alfa Group, Access Industries and Renova) its 50% stake in TNK-BP. The purchase price in the transaction is determined based on the base value of AAR’s stake in TNK-BP of $28 bln. Completion of the transaction is subject …