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TNK-BP Actively Supporting Olympic Movement in Russia

TNK-BP is actively helping to develop and strengthen the Olympic movement in Russia and providing assistance to athletes preparing to represent the country in the 2012 and 2014 Olympic Games. TNK-BP is actively helping to implement a range of programmes to support athletes, coaches and specialists in the Company’s regions …

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TNK-BP / PDVSA JV in Venezuela Reaches Oil Production Target of 130,000 Barrels per Day

TNK-BP announces that PetroMonagas, a joint venture between TNK-BP (16.7%) and Venezuelan state company PDVSA (83.3%), has increased its production of viscous oil by 11% since the start of the year to the target level of 130,000 barrels per day. The Company is consistently growing its production volumes in line …

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TNK-BP Fully Converts Saratov Refinery and YANOS to Production of Euro-5 Motor Fuels

TNK-BP announces that as of July 01, 2012 the Saratov Oil Refinery (SNPZ – a subsidiary of TNK-BP) and Yaroslavnefteorgsintez (YANOS forms part of Slavneft, which is owned by TNK-BP and Gazprom Neft on a parity basis) had been fully converted to the production of Euro-5 environmental class motor fuels. …

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TNK-BP Conflict Commissions Trusted by Over 70% of Suppliers and Contractors

TNK-BP’s conflict commissions, which were set up in late 2010 to settle disputes with the Company’s contractors, are trusted by over 70% of suppliers and contractors, according to the findings of an independent study by the Institute of Strategic Communications (based in Yekaterinburg). A survey of 1,200 contractor companies across …

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Schlumberger Releases Industry-First Integrated Completion and Stimulation Design Software

Schlumberger announced today the release of the Mangrove* reservoir-centric stimulation design software that enables better decision making for well completion and fracturing programs. Developed on the Petrel* E&P software platform, Mangrove users can access the shared earth model to facilitate program designs for all types of reservoirs. “Economic development of …

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TNK-BP Will Get an Effect of $11 Mln as a Result of Reducing Refinery Losses in 2012

TNK-BP reports that a positive effect of $11 mln is expected as a result of the long-term program for loss reduction at the Company’s refining assets in 2012. The Company has been consistently implementing projects aimed at enhancing refineries operational excellence along three key directions: reduction of irrecoverable losses and …

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Dmitry Avdeev Appointed Vice President at Rosneft

Dmitry Avdeev has been appointed Vice President for finance and economics at Rosneft. Mr. Avdeev has spent 17 years working with issues related to the Russian oil and gas industry. In 1995-1998, he served as deputy head of the project finance department at oil company Sidanco, before moving to work …

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TNK-BP Discussed Its Land Remediation Program with Independent Ecologists

TNK-BP discussed remediation of lands in the company’s fields with independent environmental protection organizations. The round table was participated by representatives of the World Wildlife Fund (WWF), Greenpeace, Russian Union for Conservation of Birds, environmental protection organization Transparent World, and Public Environmental Supervision Organization of the Khanty-Mansi Autonomous Area (Yugra), …

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TNK-BP Presented Its New Industrial Safety Improvement Program to World’s Leading Experts

TNK-BP has developed a comprehensive program for integrating the safe operation culture aimed at mitigation and elimination of industrial and environmental risks. Elena Kompasenko, Vice President, Health, Safety and Environment, TNK-BP, presented this large-scale project to participants of the International HSE Excellence Europe Forum 2012 in Rome. The safe operation …

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20,000 Sercel UNITE Cable-Free Channels Deployed on US Survey

CGGVeritas has increased its cable-free acquisition capacity to 20,000 Sercel UNITE channels on a large, 1,500-square-mile multi-client 3D land seismic survey  it is currently acquiring in Pennsylvania, USA. Whereas most land seismic data acquisition systems require a physical  connection to retrieve data, UNITE integrates a licence-free wireless connection  so that …

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