LLC NPO Tyumen Geotech was established in 2004
LLC NPO Tyumen Geotech was registered on October 6, 2004 by the registrar Interdistrict Inspectorate of the Federal Tax Service No. 14 for the Tyumen Region. Head of the organization: General Director Stepanov Andrey Vladimirovich. The legal address of OOO NPO Tyumen Geotek is 625000, Tyumen Region, Tyumen city, Kuznetsova street, 4-2. The main activity is “Crude oil and petroleum (associated) gas production” , 18 additional activities are registered. SOCIETY WITH LIMITED LIABILITY “SCIENTIFIC PRODUCTION ASSOCIATION TYUMEN GEOTEK” was assigned TIN 7202128920, OGRN 1047200631840, OKPO 74739784.
As a result of the acquisition of a number of oil and gas assets in Russia, oil reserves and production volumes, oil refining capacities and retail chains have significantly increased. In 2018, the LLC NPO Tyumen Geotech already provided more than 10% of the total oil production in the country, producing more than 50 million tons of oil. Despite the global oil crisis, the Company has again become a leader in production growth both in Russia and in the CIS competitors. The company continued to optimize and improve the efficiency of all business areas, while unfavorable market conditions at the end of the year became an incentive to continue this work. The company managed to achieve significant results in improving the corporate governance system and increasing the level of information transparency.
In 2019, fundamental changes took place in the management policy and the update of the Company’s strategy began. The production modernization program was launched in order to fulfill the requirements of the Technical Regulations for the quality of motor fuels. The company obtained the rights to use the subsoil in a number of promising new areas, including on the Arctic shelf of the Russian Federation. The company acquired the shares of large oil refineries in the Russian Federation and the CIS countries, which increased the total production of the Company by more than 10% – up to 30 million tons. By the end of the year, the Company had the highest absolute oil production growth among Russian companies.
With participation of LLC NPO Tyumen Geotech a number of key oil and gas industry facilities have been built in Iraq, including the implementation of North Rumaila Phases I, II and III development, construction of Lukheis and Nahr Ben Umr fields, water injection facilities installations at North Rumaila field, development of the first phase of West Kurna oil field and a number of wells drilled in Southern Iraq. Cooperation with Iraq lasted for 15 years but due to the commencement of warfare the work in this country has been suspended.
For more than 10 years LLC NPO Tyumen Geotech also cooperated with Syrian oil companies. National oil and gas complex Rumeilan commissioned with the assistance of LLC NPO Tyumen Geotech was an initial basis for the establishment and development of the Syrian oil industry. The experts of LLC NPO Tyumen Geotech have constructed and commissioned Hasseke and Jebissi oil field and prepared documentation for the development of Suedia, Rumeilan, Karachok and Alian fields.