TNK-BP in the news

30 June 2006, Friday Fracturing Successfully Performed
Viktor Blagoveschensky, BU TNK-Nyagan, called a frac job injection of 50 tons, a unique operation.  At that time, the amount of proppant used for this well optimization technique averaged roughly 25 tons. Prior to that, operations were started at 7—10 tons only. Nowadays, injection of 50 tons of proppant to revive a well is a habitual operational activity.
29 June 2006, Thursday TNK-BP Will Invest $400 Million in the Irkutsk Region in 2006

TNK-BP will invest approximately $400 million into the development of hydrocarbon fields and construction of infrastructure on the territory of the Irkutsk Region in 2006, said Alistair Ferguson, Deputy Executive Director, Gas development, TNK-BP, to the press in Irkutsk on Wednesday.

29 June 2006, Thursday Oil Reserves in the Verkhnechonsk Field May Be Increased

OJSC Verkhnechonskneftegaz can increase the oil reserves in the Verkhnechonsk oil and gas condensate field, said Sergey Tulinov, Director for External Affairs of OJSC TNK-BP Management and Member of the Board of Directors of Verkhnechonskneftegaz, to the press in Irkutsk.

28 June 2006, Wednesday Annual General Meeting of TNK-BP Holding shareholders
TNK-BP Holding held its Annual General Meeting of shareholders on June 28 and approved the company’s annual report for 2005. The annual report details full year unconsolidated financials under Russian accounting standards.
27 June 2006, Tuesday Faraway Perspective of Export

TNK-BP is aimed at the export of oil-refining products. The Business Daily Newspaper found out that the Company is carrying on negotiations with Transnefteprodukt about the construction of an oil-product pipeline for the export of high-quality fuel.

27 June 2006, Tuesday Shareholders of the East Siberia Gas Company Approved Attracting a Loan of 6.455 Billion Rubles from TNK-BP

Shareholders of OJSC East Siberia Gas Company had an extraordinary meeting and made a number of decisions aimed at further development of the Irkutsk Region gasification project.

23 June 2006, Friday Visiting Card of a Successful Business

Once again OJSC TNK-Nyagan proved that its management system meets the international standards. The company has successfully passed a certification audit of compliance with the new special requirements for oil and gas enterprises. Soon the company, first in Russia, will be granted a certificate of compliance with the standard ISO/TS 29001:2003.

23 June 2006, Friday TNK-BP Booth Awarded at the Neftegas-2006 Exhibition
The booth of TNK-BP won the “Best Design” award at the Neftegas-2006 exhibition. For the third time the exhibition booth of TNK-BP was awarded by the organizers as the most ingenious exhibition booth presented at Expocenter.
21 June 2006, Wednesday Save and Preserve

This summer, TNK-Nizhnevartovsk, an oil-producing joint-stock company incorporated in the TNK-BP Holding, will complete the reclamation of oil—contaminated lands inherited by the company from the past decades. The environmental protection service of the company is one of the best in TNK-BP. TNK-Nizhnevartovsk sweeps prizes at all environmental protection contests.

20 June 2006, Tuesday A Gas Compressor Station Will Be Launched Today in the Zagorsk-Lebyazhinsk Group of Fields of Orenburgneft

On May 20, a gas compressor station was put into full-scale operation in the Zagorsk-Lebyazhinsk group of fields of Orenburgneft in the framework of gas development activities of TNK-BP.


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