Tatneft, Metals and mining

Oil extraction in Russia rose by 5.3% to 43 mln tons in February

​Oil extraction in Russia rose by 5.3% to 43.064 mln tons in February 2016 against Feb 2015, the Central Dispatch Management of the Fuel and Energy sector reports.
Bashneft stayed the leader on the growth of oil extraction in February. The extraction made up 1.643 mln tons, by 11.4% more than in Feb 2015.
The extraction growth in February was also shown by Gazprom Neft – by 7.8% to 4.43 mln tons, Surgutneftegas – by 3% to 4.867 mln tons, Tatneft – by 8.4% to 2.213 mln tons.
Rosneft and Lukoil managed to increase the extraction (Rosneft by 2.9% to 15.828 mln tons, Lukoil- 0.1% to 6.673 mln tons), in January they reduced the extraction results.

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JSC "Uralkhimmash" ships flash towers for OJSC "Tatneft".

OJSC "Tatneft" (Nizhnekamsk) is the equipment buyer. Flash tower 1500C0002 is part of the kerosene and diesel fuels hydrotreatment equipment.
The main material of the equipment construction is steel SA 516 Gr.60. The machine weights 79 tons, the column has a variable diameter of 1.3/2.4 meters, the height of the apparatus - 42 meters, the main wall thickness - 30 mm. The operating pressure is 0.823 MPa.

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Rostech can win tender for oil refinery construction in Uganda costing $3 billion

The Russian Rostech and the Korean SK Energy have entered the final stages of the tender for an oil refinery construction in Uganda, Rostech subsidiary RT – Global Resources reports. Earlier the Government of Uganda approved the short list including the consortiums headed by the Chinese China Petroleum Pipeline Bureau, the British Petrofac, the Swiss and Dutch Vitol and the Japanese Marubeni, besides from Rostech and SK Energy. They entered the final stage only 2 consortiums including the Russian RT – Global Resources, Tatneft and VTB Capital. Uganda’s oil is high-paraffin crude that will need special configuration of the oil refinery and the need for the heating of the pipeline to 60* when exporting the products to the neighboring regions. Tatneft possesses such technical capabilities and that enabled company to access to the final stage. They will discuss at the final stage the concrete details of construction and operation of the oil refinery that will chose the winner.

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Rimera to supply over 300 thousand repair parts for “Tatneft”

“Alnas”, part of “Rimera”, has won a tender for the supply of over 300 thousand repair parts for electrical submersible pump for “Tatneft”. It makes up about 60% of the total volume of the purchase.
In July-August “Alnas” will supply 82 thousand operative parts to the oil company.
“Tatneft is our strategic partner and we aim at strengthening of our cooperation. So, we think about the opening of a consignment storehouse of repair parts for Tatneft. I am confident that the high quality of the supplied goods will enable hydrocarbon production growth by our partner,” CFO of “Rimera” K.Samsonov said.

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Russian oil and gas companies again recognize OMK the best pipe producer.

United Metallurgical Company (CJSC "UMC", Moscow), the second consecutive year topped the ranking of the best Russian pipe producers, compiled from a survey of the largest oil and gas corporations .
The rating prepared by the Advisory Council for Cooperation of oil and gas companies with related industries at the Chairman of the State Duma Committee on Energy. The survey involved the representatives of JSC "Gazprom", "Gazpromneft", "Gazprom komplektaciya", JSC "Bashneft", JSC "Slavneft", OJSC "Tatneft", JSC "RussNeft", OJSC "Surgutneftegas", OJSC "Novatek", OC “Alliance"and "Salym Petroleum Development N.V.".

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Izhora plants win tender of Tatneft

Izhora plants of the OMZ group have won tender for supply of reactor and column equipment for Tatneft’s heavy coker gasoil hydrotreating unit, the plant’s press centre reported.

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Tatneft Board of Directors has agreed the budget for February 2014

On February 27th 2014, Tatneft Board of Directors  held their ordinary shareholders meeting headed by the President of Tatarstan, R. Minnikhanov. They summed up the results of execution of the company’s budget in 2013, and agreed the budget for February 2014. They also got acquainted with the data about the organization of production at the Bugulma mechanical works of Tatneft. Within the last 3 years the enterprise has performed full-scale re-equipping, optimization of expenses, improved the effectiveness of the use of production sites and of the instruments of lean production.

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In 2013, Tatneft to produce 2.5 thousand km of corrosion-resisting pipes

In 2013, Bugulma machine shop, the Tatneft’s structural subdivision, will produce 2.5 thousand km of corrosion-resisting pipes.
This is by 300 km more than in 2012.
Orders grew, including due to exterior customers, such as Surgutneftegaz and Lukoil.

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Russian oil companies to invest $138.5 bln into production in 2013-2016

The capital investment volume of oil companies in the Russian Federation will make up $138.5 billion in 2013-2016. It is stated in a report by the " Pipe Metallurgical Company” (TMK), among which clients are the largest oil companies in Russia.
According to TMK, capital investments into production will make up $31.9 billion in 2013, $35.2 billion – in 2014, $34.4 billion in 2015 and $37 billion in 2016. Capital investments made up $30.5 billion in 2012.
The capital expenditure by Rosneft will make up $11 billion in 2013 ($14 bln. in 2014), according to TMK, approximately $8 billion by LUKOIL ($8.5 bln. in 2014), $6 billion by Surgutneftegas ($5.5 bln), $5 billion by Gazpormneft ($5 bln), $1 billion by Bashneft ($1.5 bln) and $1 billion by Tatneft ($1 bln. in 2014).

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Lukoil is the leader in the rating of 200 Russian largest private companies compiled by Forbes

Forbes Magazine has compiled the rating of 200 Russian largest private companies. Their total revenue is 22.9 trillion rubles. It includes 56 public and 144 non-public companies, and 23 of them belong to either a sole owner or a family.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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