TNK-BP Held Contractor Day for Yamal Projects

TNK-BP has held a Contractor Day in Moscow for its oil and gas projects in Yamal and northern Krasnoyarsk Region for the company’s current and potential future contractors. It was attended by over 250 Russian and foreign companies representing various industries.

TNK-BP presented its oil and gas development projects in the region and provided the contractors with a detailed plan of action for each asset, including capital construction, transportation arrangements, drilling, well completion and energy supply. Full-scale development of the Rospan gas fields alone, which are expected to produce over 16 billon cubic metres of gas per year, will involve investment of around $6 billion.

According to Viktor Blagoveschensky, TNK-BP Vice President, Yamal-Gas Area, in its approach to these sweeping and capital-intensive projects the Company aims to achieve maximum efficiency and transparency of interaction with its contractors. “We have presented specific projects, received feedback and held general discussions on the subject with the heads of contractor companies”, he said. “The next stage is to hold meetings with the technical experts for further detailed discussion. We’re open for ongoing dialogue and I’m confident that this type of partnership will enable us to work together as efficiently as possible at every stage of these complex and fascinating projects.”