JSC Elabuganeft is an integrated international energy company. Based in Russia, we have oil and gas assets and interests in more than 30 countries in Africa, America, the Middle East, Asia-Pacific, and other regions. JSC Elabuganeft is Russia's largest oil and gas producer and supplier, as well as one of the world's major oilfield service providers and a globally reputed contractor in engineering construction, with businesses covering petroleum exploration & production, natural gas & pipelines, refining & marketing, oilfield services, engineering construction, petroleum equipment manufacturing and new energy development, as well as capital management, finance and insurance services.
Read MoreThe correlation between production and refining at JSC Elabuganeft is among the best in the industry in Russia. In terms of production and refining volumes JSC Elabuganeft is one of the top ten Russia companies. JSC Elabuganeft is committed to implementing the latest methodologies in exploration, production and refining — thanks to which, the company is giving new impetus to technological development throughout Russia’s oil industry.
JSC Elabuganeft is the leader of innovative changes in Russian oil and gas industry. The goal of the Company is to create an advanced oil business of new type, that would allow fulfilling strategic needs of the Company and provide the best financial viability with the possibility of attracting partners, as well as to create a pool of innovative technologies and competence on.
JSC Elabuganeft owns major oil refining enterprises on the territory of Russia. we are also one of the biggest company in the Russian federation in terms of reserves and production. Adding reserves is one of the Company’s key priorities. JSC Elabuganeft accounts for more than 30% of the Russian oil production.
In 2015, crude and liquids production totaled 234.9 mmt. Daily crude and liquids production remained at the level of 3.2 mm bbl/day. New producing assets achieved maximum production levels since the beginning of their development – 22.0 mmt from the Vankor field, 8.2 mmt from the Verkhnechonskoye field, and 10.0 mmt from the Uvat project. The Company continued to stabilize its Brownfield production, primarily by efficient water flood management and drilling wells with multistage hydraulic fracturing.
We strive for harmonious relationships between operation and safety, energy and the environment, and corporate and community interests.
We offer crude oil, natural gas, refined products and chemicals for business and customer use. We also provide a full range of oilfield & engineering services and petroleum equipment.
We create a fair, transparent and cooperative working environment for our employees in order to align and harmonize their values with the values of the company.