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Students Associated with the ‘INK Corporate Group’ at Irkutsk State National Research University Received an Additional Scholarship
April 5, 2022

Students Associated with the ‘INK Corporate Group’ at Irkutsk State National Research University Received an Additional Scholarship

Irkutsk Oil Company began sponsoring additional scholarships for students at Irkutsk State National Research University. The monthly monetary support would be 5,000 rubles.

INK-Class school students visited Irkutsk Polymer Plant
April 1, 2022

INK-Class school students visited Irkutsk Polymer Plant

A tour to the construction site of Irkutsk Polymer Plant (a project of the Irkutsk Oil Company) was given to more than 25 students of INK-Class.

INK Received the Status of BIM Leader-2022
March 31, 2022

INK Received the Status of BIM Leader-2022

Irkutsk Oil Company has confirmed its status as a BIM leader according to Autodesk. This is the third time INK has received the prestigious award.

INK Entered into a Cooperation Agreement with the All-Russian Society for Nature Conservation
March 30, 2022

INK Entered into a Cooperation Agreement with the All-Russian Society for Nature Conservation

Irkutsk Oil Company signed a cooperation agreement with the Irkutsk branch of the AllRussian Public Organization: All-Russian Society for Nature Conservation.

Marina Sedykh: East Siberia is a great opportunity to build a career in the oil and gas industry
March 25, 2022

Marina Sedykh: East Siberia is a great opportunity to build a career in the oil and gas industry

This message was announced by Marina Sedykh, General Director of JSC INK-Capital, within the framework of the 5th International Scientific and Practical Forum, "Oil Capital," in Surgut. Thanks to the launch of the gas chemical cluster, the region will need 2,000 specialists to work on a permanent basis.

Marina Sedykh’s Charitable Foundation supported more than 320 residents of Ust-Kut in rehabilitation after COVID-19
March 3, 2022

Marina Sedykh’s Charitable Foundation supported more than 320 residents of Ust-Kut in rehabilitation after COVID-19

The charitable foundation of Marina Sedykh, General Director of JSC INK-Capital (the holding structure of Irkutsk Oil Company), organized rehabilitation treatment for more than 320 residents of Ust-Kut district who had suffered from the coronavirus infection since December 2020. In March, 25 more people will undergo rehabilitation.

INK has discussed the program of cooperation with representatives of the Association of Indigenous People
February 17, 2022

INK has discussed the program of cooperation with representatives of the Association of Indigenous People

Irkutsk Oil Company discussed the program of cooperation with representatives of the Association of Indigenous Minorities of Northern and Eastern Siberia.

Irkutsk Polymer Plant hired 422 employees in 2021
February 11, 2022

Irkutsk Polymer Plant hired 422 employees in 2021

Irkutsk Polymer Plant (a project of Irkutsk Oil Company) hired 422 new employees in 2021. The plant currently employs 592 people.

Marina Sedykh Took Shared Her Expertise at the Irkutsk State University’s Discussion on Sustainable Development
February 1, 2022

Marina Sedykh Took Shared Her Expertise at the Irkutsk State University’s Discussion on Sustainable Development

The General Director of JSC INK-Capital (the holding structure of Irkutsk Oil Company) participated as an expert in the discussion: “Sustainable Development and ESG Principles.” The event was organized by the Baikal International Business School of Irkutsk State University.

Irkutsk Oil Company Hired 3,700 Employees in 2021
January 31, 2022

Irkutsk Oil Company Hired 3,700 Employees in 2021

INK Group hired total of 3,700 new employees in 2021. At present, the total number of employees is more than 11,000, most of whom are residents of Irkutsk region.

Irkutsk Oil Company Has Approved a Program to Preserve the Traditional Way of Life of Indigenous Peoples
January 28, 2022

Irkutsk Oil Company Has Approved a Program to Preserve the Traditional Way of Life of Indigenous Peoples

Irkutsk Oil Company has approved the program for preserving the traditional way of life of the indigenous minorities of the North in the territories of its presence for 2022–2026.

Irkutsk Polymer Plant Has Started the Active Phase of the Installation of Steel Structures and Pipelines
January 24, 2022

Irkutsk Polymer Plant Has Started the Active Phase of the Installation of Steel Structures and Pipelines

Irkutsk Polymer Plant started an active phase of installation of steel structures and pipelines to ensure the readiness of priority facilities in accordance with the project schedule.

Irkutsk Oil Company Has Drilled the Longest Horizontal Borehole in the Company's History
January 18, 2022

Irkutsk Oil Company Has Drilled the Longest Horizontal Borehole in the Company's History

Irkutsk Oil Company has drilled the longest horizontal borehole of 2,065 meters. This is the longest horizontal section in the history of the company in 21 years.

Irkutsk Oil Company invested over 85 Billion Rubles in Irkutsk Polymer Plant as of December 31, 2021
January 14, 2022

Irkutsk Oil Company invested over 85 Billion Rubles in Irkutsk Polymer Plant as of December 31, 2021

The construction of Irkutsk Polymer Plant (IPP) as of December 31, 2021, was financed for 85 billion roubles. The total cost of the project including the construction of the housing district in Ust-Kut which is estimated at 300 billion roubles.

SberStrakhovanie, Ingosstrakh, and Rosgosstrakh Insured the Construction of Irkutsk Polymer Plant for 203.6 Billion Rubles
January 12, 2022

SberStrakhovanie, Ingosstrakh, and Rosgosstrakh Insured the Construction of Irkutsk Polymer Plant for 203.6 Billion Rubles

SberStrakhovanie, a subsidiary of Sber, together with Ingosstrakh and Rosgosstrakh have entered into an agreement to insure the construction of Irkutsk Polymer Plant.

INK has obtained a USD 871 million Buyer’s Credit from international banks  supporting purchase of equipment for Irkutsk Polymer Plant
December 30, 2021

INK has obtained a USD 871 million Buyer’s Credit from international banks supporting purchase of equipment for Irkutsk Polymer Plant

The Japan Bank for International Cooperation (JBIC) and Irkutsk Oil Company LLC (INK) have signed a buyer's credit agreement to finance the purchase of equipment for ethylene and polyethylene production of Irkutsk Polymer Plant LLC (a Project of Irkutsk Oil Company).

The Most Technically Advanced Paediatric Operating Room in Siberia and the Far East Has Opened its Doors in Irkutsk
December 20, 2021

The Most Technically Advanced Paediatric Operating Room in Siberia and the Far East Has Opened its Doors in Irkutsk

Irkutsk State Regional Children’s Clinical Hospital opened a high-tech digital operating room — the most modern in the Siberian and Far Eastern Federal Districts.

Irkutsk Polymer Plant Completes the First Stage of Silos Installation Work
December 15, 2021

Irkutsk Polymer Plant Completes the First Stage of Silos Installation Work

The first stage of silos installation has been completed at the construction site of Irkutsk Polymer Plant (a project of Irkutsk Oil Company) in Ust-Kut. The silos are designed as intermediate containers for holding polyethylene powder and pellets, which are used to start the polymerization reactor.

Sergey Donskoy, a Member of the Board of Directors of Irkutsk Oil Company, is Elected as Chairman of Board at Assoneft
December 10, 2021

Sergey Donskoy, a Member of the Board of Directors of Irkutsk Oil Company, is Elected as Chairman of Board at Assoneft

Sergey Donskoy, a member of the Board of Directors of Joint Stock Company ‘INK-Capital’ (the holding structure of Irkutsk Oil Company), has been elected Chairman of Board of Assoneft. The 24th annual general meeting of the authorized representatives of the companies of the Association of Independent Oil and Gas Production Organizations, “Assoneft,” was held on-line on December 8, 2021.

Irkutsk Oil Company to Start Installation of Equipment at the 220 kV Polymer substation in Ust-Kut in January 2022
December 3, 2021

Irkutsk Oil Company to Start Installation of Equipment at the 220 kV Polymer substation in Ust-Kut in January 2022

Irkutsk Oil Company will start installing the main equipment at the 220 kV Polymer substation as a part of construction the second stage of the power supply facility in January 2022. Start-up of the second stage of the substation will make it possible to fully provide with power the production facilities of the gas chemical cluster in Ust-Kut.

Irkutsk Oil Company is in the top 10 of the World Wildlife Fund’s Environmental Transparency Rating
December 1, 2021

Irkutsk Oil Company is in the top 10 of the World Wildlife Fund’s Environmental Transparency Rating

Irkutsk Oil Company was ranked ninth in the Eurasian Environmental Transparency Rating of Oil and Gas Companies in 2021 drawn up by the World Wildlife Fund (WWF), Creon Group and ACRA. Compared to the 2020 rating, the Group has moved up two positions.

Irkutsk Oil Company Launches Helium Plan Training Programme For Young Specialists
November 29, 2021

Irkutsk Oil Company Launches Helium Plan Training Programme For Young Specialists

Irkutsk Oil Company is training 40 new employees in the “Helium” program at Yaraktinsky field. After completing the course, they will start working at the helium plant on a rotation basis.

Yugra Governor Natalya Komarova and Irkutsk Oil Company founder Marina Sedykh discuss sustainability issues
November 23, 2021

Yugra Governor Natalya Komarova and Irkutsk Oil Company founder Marina Sedykh discuss sustainability issues

Natalia Komarova, Governor of Khanty-Mansiysk Autonomous District, and Marina Sedykh, General Director of INK-Capital (the holding structure of Irkutsk Oil Company) took part in a working meeting held in Khanty-Mansiysk. The parties discussed issues of sustainable development in the field of carbon neutrality, the possibility of using successful practices of the region.

Sber’s delegation visited construction site of Irkutsk Polymer Plant and other facilities in Ust-Kut
October 22, 2021

Sber’s delegation visited construction site of Irkutsk Polymer Plant and other facilities in Ust-Kut

During a one-day trip on October 19th, 2021, a high-ranked delegation of Sberbank visited the construction site of the Irkutsk Polymer Plant and other facilities. Among the facilities visited was the Ust-Kut Gas Processing Plant, LPG terminal, Storage and Shipment Complex, as well as the construction site of the future residential area for employees.

Large-sized equipment weighing over 60 tons has been delivered from Philadelphia to Bratsk by the world’s largest cargo plane
October 21, 2021

Large-sized equipment weighing over 60 tons has been delivered from Philadelphia to Bratsk by the world’s largest cargo plane

Representatives of Irkutsk Oil Company helped upload two pieces of state-of-art technological equipment from the United States on an An-124 “Ruslan” cargo transport aircraft.

Marina Sedykh took part in the Eurasian Forum
October 14, 2021

Marina Sedykh took part in the Eurasian Forum

Marina Sedykh, General Director of INK-Capital JSC spoke at the Eurasian Forum at the session “Women Protecting the Planet: Building our Future”. The event took place in Saint-Petersburg on 13–15 of October.

Irkutsk Polymer Plant completes installation of large-capacity equipment
September 29, 2021

Irkutsk Polymer Plant completes installation of large-capacity equipment

Irkutsk Polymer Plant installed the last unit of some large-size heavy equipment — Product Purge Bin. A total of 44 units have been installed at the construction site, which were previously delivered to Ust-Kut in the fall of 2020 from a port in South Korea.

Irkutsk Oil Company launches third Bentec HR-5000 drilling rig at the West Ayansky field
September 7, 2021

Irkutsk Oil Company launches third Bentec HR-5000 drilling rig at the West Ayansky field

Irkutsk Oil Company has put into operation the third automated fixed-echelon Bentec HR 5000 drilling rig facility. The rig will be firstly utilized at the West-Ayansky licensed block. After three days of pre-commissioning, the equipment is operating in normal mode.

GlavGosExpertiza approved Irkutsk Oil Company’s project for the construction of oil and gas pipeline at the Ichyodinsky field
September 2, 2021

GlavGosExpertiza approved Irkutsk Oil Company’s project for the construction of oil and gas pipeline at the Ichyodinsky field

The state agency, GlavGosExpertiza, reviewed the project documentation and results of the engineering surveys for construction of oil and gas intra-field pipeline at the Ichyodinsky field in the Irkutsk Region. As a result, the project of Irkutsk Oil Company was approved.

An improvement project in Ust-Kut, financed by Irkutsk Oil Company and the Russian Forest Association won a grant from the Ministry of Russia
August 27, 2021

An improvement project in Ust-Kut, financed by Irkutsk Oil Company and the Russian Forest Association won a grant from the Ministry of Russia

Irkutsk Oil Company, in cooperation with the Russian Forest Association, financed the project for the improvement of the new urban centre “Rechniki” in Ust-Kut. The concept was recognized as one of the best in the All-Russian competition of projects to create a comfortable urban environment, which is held by the Ministry of Construction, Housing and Utilities of the Russian Federation on behalf of the President.

A heavy Purge Bin is installed at the Irkutsk Polymer Plant
August 26, 2021

A heavy Purge Bin is installed at the Irkutsk Polymer Plant

Irkutsk Polymer Plant installed the last unit of large-size heavy equipment — Product Purge Bin — in September 2021. The weight of the unit is about 500 tons.

Polymerisation reactor is installed at Irkutsk Polymer Plant
August 3, 2021

Polymerisation reactor is installed at Irkutsk Polymer Plant

The heaviest piece of equipment - polymerisation reactor is installed at Irkutsk Polymer Plant. The unit weighs 538 tons, is 44.5 metres high and is 9.6 metres in diameter.

Commissioning operations have started at the Ust-Kut Gas Processing Plant
July 29, 2021

Commissioning operations have started at the Ust-Kut Gas Processing Plant

Irkutsk Oil Company begins commissioning operations at the Ust-Kut gas processing plant (GPP).

Student brigades participate in the construction of the OOO “Irkutsk Polymer Plant”
July 23, 2021

Student brigades participate in the construction of the OOO “Irkutsk Polymer Plant”

OOO “Irkutsk Polymer Plant” (IPP, a project of OOO “Irkutsk Oil Company”) hired 20 people from the student construction brigade for the construction of facilities.

Irkutsk Oil Company creates The Executive Board
July 1, 2021

Irkutsk Oil Company creates The Executive Board

The Executive Board was established since July 01, 2021. The General Shareholders’ Meeting of INK took the decision about establishing the executive body.

Yakov Ginzburg appointed CEO of the Irkutsk Oil Company
June 25, 2021

Yakov Ginzburg appointed CEO of the Irkutsk Oil Company

Yakov Ginzburg has been appointed as CEO of the Irkutsk Oil Company, a promotion from his previous position as Deputy CEO for Economics and Finance. The decision to appoint Mr. Ginzburg was taken at the Irkutsk Oil Company’s General Meeting.

Irkutsk Oil Company has put the second highly automated drilling rig at the Bolshetirsky site into operation
June 25, 2021

Irkutsk Oil Company has put the second highly automated drilling rig at the Bolshetirsky site into operation

Irkutsk Oil Company has put the second highly automated fixed-echelon Bentec HR 5000 drilling rig facility, at the Bolshetirsky licensed block, into operation.

Irkutsk Polymer Plant Has Started the Installation of Large-size Equipment
June 15, 2021

Irkutsk Polymer Plant Has Started the Installation of Large-size Equipment

OOO Irkutsk Polymer Plant (IPP, a project of OOO Irkutsk Oil Company) completed the installation of the first of 45 units of heavy large-sized equipment — a 54.6 m high and 271.5-ton quench water column for the integrated pyrolysis plant.

OOO “Irkutsk Oil Company” co-owner Marina Sedykh to step away from day-to-day management in order to focus on sustainability strategy
May 27, 2021

OOO “Irkutsk Oil Company” co-owner Marina Sedykh to step away from day-to-day management in order to focus on sustainability strategy

Marina Sedykh, co-owner and CEO of OOO “Irkutsk Oil Company”, at the helm of the company since 2000, is stepping away from day-to-day operations at the main manufacturing company. She will now concentrate on implementing the group’s sustainability strategy, including occupational health and safety, environment and social policy.

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.

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.