Our history

2018

Strategic objectives

Gazprom Neft adopts a new long-term strategy which should see the company become a global industry benchmark in terms of efficiency, technological inventiveness, and safety. Its strategic goals also include the company strengthening its position among the world’s top-10 largest public oil and gas companies by liquid-hydrocarbon production, improving refining depth (the «conversion factor»), and becoming a world top-10 company in aviation and in producing lubricants and innovative bitumen materials.

Developing an Arctic fleet

Gazprom Neft finishes developing its own Arctic fleet, comprising six Arc7 Shturman-series tankers, designed and built to order, and two cutting-edge icebreakers — the Alexander Sannikov and the Andrey Vilkitsky — making it possible for the company to deliver oil from its Arctic Circle fields to the global market as competitively as possible, all year round.

A discovery on Sakhalin

A major field is discovered offshore from Sakhalin Island and named the «Triton» field. Reserves in place at this new field are estimated at more than 137 million tonnes of oil equivalent (mtoe). This follows the company’s discovery a year earlier, again offshore from Sakhalin Island, of the Neptune field, where following full analysis of data obtained the year before reserves in place are increased 1.6-fold, to 415.8 million tonnes of oil.

A promising partnership

Gazprom Neft, Mubadal Petroleum (UAE) and the Russian Direct Investment Fund (RDIF) create a joint venture through Gazpromneft-Vostok to develop fields in the Tomsk and Omsk Oblasts. This joint venture is also given the separate task of finding technologies to develop pre-Jurassic reserves. The partners also consider options for expanding their cooperation, on new projects in Russia and the Middle East.

Using blockchain in aviation refuelling

Gazprom Neft becomes the first company in Russian aviation to refuel craft using «distributed registers», or «blockchain — Gazpromneft-Aero having developed and introduced «aviation-fuel smart contracts (AFSC)» together with S7 airlines, which was then able to pay for fuel instantly on planes being refuelled, with no need for pre-payments or bank guarantees, and with no financial risk.

2017

A top-three market-leading oil company

For the first time in the company’s history, Gazprom Neft has now joined Russia’s top-three leading oil producers, with 2017 production standing at 62.3 million tonnes. Year-on-year growth of 4.3 percent in 2017 is largely due to the development of the company’s Arctic fields, and its Badra oilfield in Iraq.

Digital transformation

Gazprom Neft has begun implementation of its “Digital Transformation” programme. The use of “Industry 4.0” technologies — including cognitive computing, predictive analysis and work with “Big Data” — in production and business processes will significantly increase business efficiency and competitiveness in strategic terms.

Development of offshore projects

The discovery of the offshore Neptune field in the Sea of Okhotsk saw Gazprom Neft entering a new production region — on Sakhalin Island, east of the Russian mainland, in the Pacific Ocean. The Neptune field, located in the Ayashsky licence block, part of the Sakhalin-3 project, has reserves in place estimated at 255 million tonnes of oil equivalent (mtoe).

Investigations into the Bazhenov formation

Gazprom Neft’s work investigating the Bazhenov Formation has now been awarded the status of a national project by the Ministry of Energy of the Russian Federation — meaning the full resources of science, business and government can now be brought to bear in researching viable technologies for developing the formation: to which end, the Bazhen Technology Centre has since been established in the Khanty-Mansiysk Autonomous Okrug.

Gas plant in Iraq

The construction of a gas processing plant at the Badra field, Iraq, has allowed Gazprom Neft to progress to the full monetisation of all hydrocarbons produced at the field, as well as supplying fuel to one of the country’s most important electricity stations, Az-Zubaidiya, and allowing independent power generation supplying the Badra field and surrounding population centres.

A “Biosphere” for oil refining

Gazprom Neft has commissioned a “Biosphere” high-tech wastewater treatment facility at its Moscow Refinery. As a result of this, the decontamination efficiency in wastewater treatment has reached almost 100 percent. A similar, but even larger, project has now been initiated at the Omsk Refinery.

Marine lubricants for a global market

Gazpromneft-Lubricants has entered the global marine lubricants market with a new and original product line under the Gazpromneft Ocean trademark. The range includes cutting-edge lubricants for engines using various fuels and installed on all kinds of vessels.

2016

Arctic Time

The commissioning of the “Arctic Gates” marine oil terminal in the waters of the Gulf of Ob marks the start of the full-scale development of the Novoportovskoye field, one of the company’s key strategic assets. 2016 sees operational activities commence at the northernmost oil field under development in Russia — the Vostochno-Messoyakhskoye field.

A National Project

One of Gazprom Neft’s most ambitious technological initiatives — the development of a major catalyst production facility for secondary processing, based within the Omsk Refinery —is awarded the status of a National Project by the Ministry of Energy of the Russian Federation.

Technological Development

The Drilling Support Centre (DSC), based within the Gazprom Neft Science and Technology Centre, goes into operation. The DSC is able to support the construction of approximately 600 wells — of any level of complexity — every year. In addition to which, the Centre coordinates the drilling of all wells involved in production at hard-to-recover hydrocarbon reserves.

The Gazprom Neft Distribution Network

The company builds a new aviation refuelling complex at Ekaterinburg’s Koltsovo airport, as well as acquiring refuelling complexes at key air hubs throughout the Chukotka Autonomous Okrug.

Russia’s biggest research and development centre is established within the Ryazan bitumens plant. The company’s bitumen production complex welcomes the commissioning of the new NOVA-Brit facility, specialising in the development and production of innovative bitumen products.

2015

Russia’s Best Employer

Gazprom Neft is named Russia’s Best Employer in the 2015 Russia’s Best Employers rankings (held by recruitment company HeadHunter.ru), up two places on its 2014 performance.

New Production Facilities Commissioned

Together with SIBUR, Gazprom Neft brings its Yuzhno-Priobskiy gas processing plant (GPP) into production, with an annual production capacity of 900 million cubic metres of associated petroleum gas (APG) per year. The plant has a component-recovery factor of more than 95 percent, matching current international standards.

Oil Production

The millionth tonne of new “ARCO” oil is produced at the Prirazlomnoye field.
The first million barrels of commercial crude are produced at the Sarqala field, Kurdistan Region of Iraq (KRI).
The millionth tonne of oil is produced at the Badra field, Iraq.

Acquisition of New Licenses

Gazprom Neft acquires the licence to develop the Zapadno-Yubileynoye field, Yamalo-Nenets Autonomous Okrug.
Gazprom Neft acquires a series of new licenses — for the Yuilsky-3, Lyaminskiy-6, Severo-Ityakhskiy-1, Maloyuganskiy and Zapadno-Zimnee license areas — in the Khanty-Mansi Autonomous Okrug.

2014

First oil from the Russian Arctic shelf

The first oil produced on the Russian Arctic Shelf reaches the international market. Produced by Gazprom Neft at its Prirazlomnoye field, all technical field operations (including drilling, production, oil storage, and the treatment and shipment of finished products) are conducted from the company’s ice-resistant offshore platform — the Prirazlomnaya rig, with a total 2.2 million barrels (approximately 300,000 tonnes) of new “ARCO” Arctic crude shipped to customers in north—west Europe.

First Summer Oil Shipments Despatched from Novy Port

Production drilling commences at the Novoportovskoye field, with nine wells drilled throughout 2014. The first summer oil shipments from the field take place in late August, with crude despatched to European customers by sea tanker. A total four tankers, carrying more than 100,000 tonnes of new “Novy Port” oil, are despatched during the 2014 ice-free shipping season.

Commercial Oil Production Begins in Iraq

Commercial oil operations begin at the Badra field, Iraq — Gazprom Neft’s first greenfield production project abroad — with test drilling having been completed in early 2015 and drilling operations commencing that summer. Commercial oil shipments begin in September.

Developing the bitumen business

Gazprom Neft makes two major steps forward in the development of its bitumens business, acquiring the Ryazan Petrochemical Experimental Plant in early 2015 (the largest polymer-modified bitumens facility in Russia), and completing construction (together with TOTAL) of a production facility for innovative G-Way Styrelf bitumens in late September. The rapid growth of the bitumens business necessitates the establishment of a dedicated company — Gazprom Neft Bitumen Materials — to manage it.

Russia’s Largest Lubricants Facility

The construction of a blending, dispensing and packaging facility — the largest such facility in Russia — at the company’s lubricants plant at its Omsk Refinery moves into its second phase.

“Green” Seismic

Gazprom Neft becomes the first company in Russia to carry out seismic surveying using cutting-edge “green seismic” technology, protecting extensive areas from deforestation. The “green seismic” initiative is based around the use of the RT System 2 cable-free seismic acquisition system.

2013

Strategy

The Gazprom Neft Board of Directors approves the adoption of the Company’s Development Strategy, now extended to 2025. This document builds on the company’s strategy to 2020, and outlines plans for achieving specific objectives in key business areas (hydrocarbon production, refining and sales of petroleum products) in line with changing industry and global economic conditions and with a view to continuing to actively increase shareholder value to 2025. Strategy for the development of the company’s marine bunkering, aviation refuelling and lubricants businesses are also updated to 2025.

Loading of the First Oil from the Russian Arctic Shelf

Gazprom Neft, operator of the Prirazlomnoye field, located in the Pechora Sea, produces the first ever oil from the Arctic Shelf, in December 2013.

Euro-5 Fuels

The commissioning of catalytic cracking hydrotreating and light naphtha isomerization facilities at Gazprom Neft’s Moscow Refinery allows the plant to transfer to the exclusive production of Euro-5 gasolines — completing the transition of all of the company’s refineries to Euro-5 fuels, well ahead of regulatory deadlines in the Russian Federation.

2012

A Market Leader in Business Efficiency

Gazprom Neft establishes itself as one of Russia’s market-leading companies in terms of production growth, refining and a range of key performance indicators. The company begins pilot oil production at two major new fields in the north of the Yamalo-Nenets Autonomous Okrug — the Vostochno-Messoyakhskoye and Novoportovskoye fields. The first phase of commercial production begins at the Samburgskoye field (belonging to Russian—Italian company SeverEnergia, in which Gazprom Neft holds a 25-percent stake). Work continues on the establishment and development of a new production cluster in the Orenburg Oblast. The company enters into new upstream projects in Iraq. The Moscow Refinery transfers to the production of Euro-4 gasolines, while the Omsk Refinery begins producing Euro-4 and Euro-5 gasolines and Euro-5 diesel fuels. Gazprom Neft begins the development of its retail network in Europe (Serbia and Romania) under the Gazprom brand.

2011

Production Growth

More effective development of its existing fields, as well as the acquisition of new assets, sees Gazprom Neft significantly increase production. The company acquires a further 5.15-percent holding in Serbia’s NIS, taking its stake to 56.15 percent, becomes the sole shareholder in Sibir Energy, and acquires its first assets in the Orenburg Oblast — the Tsarichanskoye and Kapitonovskoye fields — together with the eastern part of the Orenburg field. Drilling begins at the Badra field, Iraq.

Premium-Class Fuels

The Moscow Refinery transfers to the production of Euro-4 gasolines, while the Omsk Refinery begins producing Euro-4 and Euro-5 gasolines, as well as Euro-5 diesel fuels. Gazprom Neft begins the development of its retail network in Europe (Serbia and Romania) under the Gazprom brand.

2010

The Global Oil and Gas Market

Gazprom Neft actively expands its presence in the global oil and gas market, signing a contract to develop the Badra field in Iraq, having previously been appointed to lead the Junin-6 project in Venezuela in 2010. The company also continues to enter new fuel markets outside of Russia, with the acquisition of a retail network of twenty filling stations and nine plots of land in Kazakhstan, and increases its presence in the Russian market, becoming a participant in a project to develop promising fields in the north of the Yamalo-Nenets Autonomous Okrug, under licenses belonging to SeverEnergia. February sees the company complete its acquisition of STS-Service, a subsidiary of Sweden’s Malka Oil, developing fields in the Tomsk region.

2009

Acquisition of New Assets

The company continues the expansion of its resource base and oil refining capacity through the acquisition of new assets, including Neftyanaya Industriya Serbia (NIS) and a controlling share in Sibir Energy, as well as increasing its interest in the Moscow Refinery and gaining a foothold in the development of the Salym fields. The company completes its acquisition of the Chevron Italia S.p.A. lubricants plant in Bari, Italy from Chevron Global Energy in April 2009. The launch of a full rebranding programme for the Gazprom Neft filling station network marks a major milestone in the company’s growth.

2008

Projects in Venezuela and Cuba

Gazprom Neft, Rosneft, LUKoil, TNK-BP and Surgutneftegaz sign a Memorandum of Understanding to begin cooperation and joint participation in projects in Venezuela and Cuba as part of the National Oil Consortium.

2007

Gazprom Neft Acquires a 50-percent Interest in Tomskneft VNK

With the aim of further expanding its resource base, Gazprom Neft acquires a 50-percent interest in Tomskneft VNK in December. Tomskneft produces oil and gas throughout the Tomsk oblast and the Khanty-Mansiysk Autonomous Okrug.

Establishment of Specific Business Divisions

Subsidiaries are created within the Company for separate business divisions, including. Separate business divisions — covering specific areas of activity — are created within the company. These include Gazpromneft Marine Bunker, Gazpromneft Lubricants and Gazpromneft Aero.

2006

Gazprom Neft Establishes Gazprom Neft Asia Subsidiary

Gazprom Neft enters the Central Asian retail market with a dedicated subsidiary, Gazprom Neft Asia, selling petroleum products throughout Kyrgyzstan, Tajikistan, and Kazakhstan.

2005

Renaming of Gazprom Neft

The Gazprom Group of Companies acquires a controlling interest (75.68 percent) in Sibneft. The company is renamed JSC Gazprom Neft on 13 May 2006. Gazprom Neft makes public its strategy to become a global player, with regionally diversified asset portfolio, covering the entire value chain.

1998-2004

Asset Growth

A pro-active policy on asset enhancement sees a significant expansion in the geographic range of the company’s production assets (in the Tomsk and Omsk Oblasts), as well as in the expansion of its retail network, throughout Russia’s regions (the Sverdlovsk and Tyumen Oblasts, the Krasnodarsky Krai, St Petersburg and Moscow). The company’s most important acquisitions during this period include the acquisition of a 49.9-percent interest in JSC Slavneft, involved in oil and gas production throughout Western Siberia and the Krasnodarsky Krai.

Rapid Growth

The Company expands rapidly, supported by its sound resource base, efficient refineries and professional management. Sibneft’s management works hard modernising production, introducing advanced technology, and optimising business processes. A good resource base, effective refining capacity, and highly professional management drive rapid company development, with Sibneft management, in particular, having done considerable work in modernising production, introducing cutting-edge technologies, and optimising business processes.

1996-1997

Privatisation of Sibneft

In a move towards creating a market economy the Government of the Russian Federation implements its plans for the privatisation of Sibneft. Privatisation auctions allow private investors to acquire 49 percent of the share capital in Sibneft. The Finansovaya Neftyana Kompaniya (FNK, the Financial Oil Company) wins the auction for the state holding in Sibneft under the government’s “Loans for Shares” programme of 1997.

1995

OAO Sibneft Created

OAO Siberian Oil Company (Sibneft) is created by Presidential Decree, with the government as the founding shareholder, transferring state-owned holdings in the country’s most significant oil companies — OAO Noyabrskneftegaz, OAO Noyabrsknefegaz-geophysica, OAO Omsky Neftepererabativayushiy Zavod and OAO Omsknefteprodukt — as charter capital.