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US company Univation Technologies became the licensor for INK Polyethylene Plant
April 1, 2019

US company Univation Technologies became the licensor for INK Polyethylene Plant

lrkutsk Polymer Plant LLC (IPP LLC, 100% subsidiary of Irkutsk Oil Company, LLC) has selected Univation Technologies’ UNIPOL™ PE Technology for new polyethylene plant to be located in Ust-Kut, lrkutsk region, in the Russian Federation.

Irkutsk Oil Establishes Its Own Construction Subsidiary
March 13, 2018

Irkutsk Oil Establishes Its Own Construction Subsidiary

INK-StroyNefteGaz, LLC, the Irkutsk Oil’s subsidiary will focus on construction of sites, pipelines, well pads facilities, and various engineering infrastructure. The company was registered on 22 February 2018.

Nikolay Buynov spoke at the plenary of the international oil and gas conference CERAWeek
March 9, 2017

Nikolay Buynov spoke at the plenary of the international oil and gas conference CERAWeek

The chairman of Irkutsk Oil Company, Nikolay Buynov, participated in the largest annual industry forum, CERAWeek, held in Houston, the US energy capital. He spoke at the panel on March 7th along with the Minister of Energy of the Russian Federation, Mr. Alexander Novak, and other leaders of the Russian oil industry. Nikolay Buynov presented Irkutsk Oil Company as one of the forerunners in the sector of independent oil-producing companies in Russia.

Memorandum of Understanding signed between JOGMEC and INK
December 16, 2016

Memorandum of Understanding signed between JOGMEC and INK

On December 16 in Tokyo, during the visit of President of the Russian Federation Vladimir Putin, Japan Oil, Gas and Metals National Corporation (JOGMEC, President Keisuke Kuroki) and Irkutsk Oil Company (INK, Chairman of the Board of Directors Nikolay Buynov) signed a Memorandum of Understanding to negotiate on future joint exploration project.

Irkutsk Oil Company Sponsors the Women’s World Bandy Competition
December 15, 2016

Irkutsk Oil Company Sponsors the Women’s World Bandy Competition

The women’s bandy competition (for women under the age of 17) will be held in 2017 through February 22-26th in Irkutsk and Shelekhov. The Irkutsk Oil Company contributed five million rubles to the competition this year. The company has sponsored the same bandy competition three years ago, but it was for men.

New gas condensate field discovered in Yakutia
February 8, 2016

New gas condensate field discovered in Yakutia

Irkutsk Oil Company discovered a new gas condensate field at the Byuksky block in the Republic of Sakha (Yakutia). After a report on the area was examined, the State Committee for Reserves approved results and booked reserves on December 28th, 2015. The field reserves have been estimated to contain up to 13.5 billion cubic meters of gas.

INK’s Official Website Awarded Position in Top 5 Siberian Websites
February 3, 2016

INK’s Official Website Awarded Position in Top 5 Siberian Websites

INK’s official website, www.irkutskoil.ru, landed 2nd place in a competition ranking the best corporate websites of Siberia as of 2015.

INK acquires Verkhnenepsky (Northern) block at the state-run auction
December 18, 2015

INK acquires Verkhnenepsky (Northern) block at the state-run auction

The Irkutsk Oil Company won the auction for the right of geological studies and resource exploitation on Verkhnenepsky (Northern) block located in the Irkutsk region. The auction took place on December 18, 2015, in the Department of Geology and Licensing in the Irkutsk region.

The title of “Best Oil Company in Eastern Europe” was bestowed upon INK, making it the recipient of the award for the fourth consecutive year
November 12, 2015

The title of “Best Oil Company in Eastern Europe” was bestowed upon INK, making it the recipient of the award for the fourth consecutive year

The World Finance award is a testament to INK’s leadership in the Russian oil sector, a reminder that INK’s human talent, innovative approaches, and stable expansion outshines its competition. In 2015, in spirit of the previous statement, INK increased its oil production by 140% (in 9 months), advanced its infrastructural development, and expanded its potential in the oil market.

The Museum of INK’s History officially opens
October 28, 2015

The Museum of INK’s History officially opens

On October 27th, INK unveiled its newest addition - The Museum of INK’s History. This novel museum showcases the development of the company as the East Siberian upstream producer. In it one will find a wide variety of INK related exhibitions, including archival documents and photos, samples of the rock cores, parts of machinery used for oil drilling, and documentaries concerning the company's history. All this will exhibit the successful past of INK and show the road to its bright future.

INK’s High Ranking Among Top 500 Russian Companies
September 24, 2015

INK’s High Ranking Among Top 500 Russian Companies

The most prominent Russian business news agency, RosBusinessConsulting (RBC), published a list of the Top 500 largest companies in Russia, the ranking determined by the total revenue and profit.

Irkutsk Oil’s cumulative production exceeds 15 million tons
June 5, 2015

Irkutsk Oil’s cumulative production exceeds 15 million tons

Irkutsk Oil Company cumulatively produced its 15-millionth ton of hydrocarbons on June, 5 2015 since its inception in November 2000.

Irkutsk Oil’s Office Became a Winner of Commercial Real Estate Federal Awards
July 25, 2014

Irkutsk Oil’s Office Became a Winner of Commercial Real Estate Federal Awards

The newly constructed office center “Astra”, Irkutsk Oil Company’s current headquarters, received the Commercial Real Estate Federal Award 2014 in category of ‘Business Center of B Class’. Astra office complex was built by “Activ” group with the involvement of Irkutsk Oil Company itself. The annual commercial Real Estate Awards was established in 2003 by the industry business community initiative and has already proved itself as a prestigious title. Winning the Awards is viewed by INK as an important achievement as it helps with the promotion of the company image on both the Russian and international market.

Irkutsk Oil Company’s headquarter has moved into new location
June 30, 2014

Irkutsk Oil Company’s headquarter has moved into new location

Irkutsk Oil Company’s headquarter has been relocated into a new office under the address of Bolshoy Liteyniy prospect, 4, situated in the Irkutsk business center, known as ‘Irkutsk-City’. In a mere two weeks, over 250 tons of office equipment, furniture, documents, and personal belongings have been moved into the new properties. Moreover, the transportation and collection of furniture was tasked to three respectable contractors who completed their job efficiently. It is fair to note that a fair percentage of the furnishings was taken and split, a portion sent to the Ust’-Kut branch and a portion given to charity (orphanages, poor families, etc.).

INK Group is certified in ISO 14001 and OHSAS 18001
November 18, 2013

INK Group is certified in ISO 14001 and OHSAS 18001

On November 13th 2013, Irkutsk Oil Company and all companies which are part of the INK Group received an integrated management certification under two international standards: ISO 14001: 2004 + Cor 1: 2009 (Environmental Management System), BS OHSAS 18001: 2007 (Occupational Health and Safety Management System). IQNet and DQS Holding GmbH, the world leaders in industrial certification, attested this certification.

New stage of JOGMEC-INK joint project in Eastern Siberia
September 24, 2013

New stage of JOGMEC-INK joint project in Eastern Siberia

On September 24, 2013, Mr. Kawano Hirobumi, President of Japan Oil, Gas and Metals National Corporation (JOGMEC), Japanese state run company, announced that the joint project between JOGMEC and INK in Eastern Siberia (INK-Zapad) had moved to a new stage after joining of ITOCHU Corporation and INPEX CORPORATION, two major Japanese private companies, to the project as shareholders of JASSOC, which is a subsidiary of JOGMEC holding 49% in INK-Zapad

August 22, 2013

Closed Joint Stock Company “INK-Capital” announced the changes in the Shareholders

INK-Capital is pleased to announce changes in the shareholders' structure. As a result of the transaction between the European Bank for Reconstruction and Development (EBRD) and Goldman Sachs International (GSI), the EBRD’s stake has decreased to 4.4% and GSI has become a shareholder with a stake equal to 3.75% of INK-Capital’s charter capital.

Marina Sedykh airs in ‘Strategy of Success’
September 1, 2010

Marina Sedykh airs in ‘Strategy of Success’

On September 2, just a few days before the celebration of Oilman Day in Russia, Marina Sedykh, Chief Executive Officer of Irkutsk Oil Company, met Sergei Kulygin on the ‘Strategy of Success’ TV show aired on AIST-TV (Irkutsk). Marina Sedykh was asked about various issues, including commissioning of the Russian spur of the Russia-China oil pipeline, re-injection of gas into the formation at the Yarakta field, new job creation, and social and economic cooperation.