Development of the “Service and other assets” segment — synergy with upstream segment

Top-priority service-unit development areas include maximum synergy with the Company’s key segment – Upstream.

Professional research and design support for the Company’s production assets is ensured based on JSC VNIIneft and Giprovostokneft JSC corporate industry-specific institutes:

Giprovostokneft JSC:

• Corporate requirements in general engineering (conceptual design and field facilities engineering) were 100% covered.
• Drilling engineering and conceptual completion competency centers were established.

RMNTK Nefteotdacha JSC:

• A qualified in-house contractor providing a full range of oil services was established;
• New business areas were developed: supervising and drilling and oilfield service management.

Zarubezhneftestroymontazh LLC:

• An in-house capital construction competences center was established.

The approach used for full-scale corporate service involvement in the Company’s foreign projects allows minimizing expenditures and ensures compliance with the work-quality and performance-deadline requirements.