ТNК-ВР will invest $45 million to revamp its flaring systems at the Ryazan Refinery (Ryazan Oil Refining Company, or RORC, part of TNK-BP Group). In 2012, the Company will spend $3 million with plans to ratchet it up to as high as $8.5 million in 2013.
TNK-BP and the Russian Federation Ministry of Civil Defense, Emergencies and Disaster Relief (EMERCOM) have signed an open-ended agreement on cooperation and the creation of an information exchange system as part of a program to improve industrial safety in all regions where the Company operates.
TNK-BP announces that OJSC Orenburgneft (a member of the TNK-BP Group of Companies) jointly with leading global oil field services company Weatherford has successfully completed a pilot project to deploy a motorized drilling system called MotarySteerableSystem (MSS), which will help achieve a 15% efficiency gain when drilling wells with complex trajectories. Around 20 mln rubles has been invested in the project.
TNK-BP announces today it has begun integration testing of a new 15 MW gas-fired piston power plant (GPPP) at Ust-Tegusskoe field, part of the company’s Uvat project, after investing close to 700 million rubles into the project.