Company News
BRIF Youth Day to be held in Irkutsk on October 4
The Youth Day of the VIII Baikal Risk Forum (BRIF’24) will take place on October 4 in Irkutsk. Around 300 young professionals from all over Russia have already registered for the event.
First visiting session of Baikal Risk Forum to be held in Ust-Kut
The first visiting session of the Baikal Risk Forum will be held on September 30 in Ust-Kut town. In Irkutsk, the VIII International Baikal Risk Forum (BRIF’24) organized by INK will take place on October 1-4.
Participants of business administration program of Moscow State University had internship in INK
Participants of the business administration program (МВА) of the economic faculty of Moscow State University have had an internship in Irkutsk Oil Company (INK).
INK signed partnership agreement with regional ministry for youth policy
Irkutsk Oil Company (INK) signed a tripartite partnership agreement with the Ministry for Youth Policy of the Irkutsk Region and the Center of Social and Information Services for the Youth.
More than a thousand INK employees to complete training in engineering schools
More than 1,000 employees of Irkutsk Oil Company (INK) will complete training in the corporate engineering schools as part of a program aimed at preparing highly qualified specialists for the company.
Stars on Baikal festival to be held September 2-18 in Irkutsk with INK’s support
The XIX International Music Festival “Stars on Baikal” directed by Denis Matsuev will be held on September 2-18 in Irkutsk. As a tradition, Irkutsk Oil Company (INK) will be the general partner of the event.
Master plan of development of Ust-Kutsky district united 150 projects and initiatives
The director of Federal Autonomous Research Institute Vostokgosplan Mikhail Kuznetsov spoke on this in the interview to Vedomosti held with the participation of Iakov Ginzburg, INK General Director, chairman of the Executive Board.
“Northern Troopers” festival to be held in Irkutsk Region with support from INK and Fund of Marina Sedykh
“Northern Troopers” festival to be held in Irkutsk Region with support from INK and Fund of Marina Sedykh.
Over 1,300 people took part in Reading Day across Irkutsk Region
The summer season of the Reading Day festival has been closed in the Irkutsk Region. Traditionally, Irkutsk Oil Company (INK) has supported the event as the general partner.
Baikal Risk Forum’24 to be held on October 1 - 4 in Irkutsk
The VIII International Baikal Risk Forum (BRIF’24) will be held on October 1 - 4 in Irkutsk, focusing on efficient business management in the times of changes.
INK-Capital signed trilateral agreement for bone marrow donorship promotion
INK-Capital signed a trilateral agreement for promotion of bone marrow donorship in the Irkutsk Region with effect until end of 2025.
INK supported “Emergency Call” program of Children's Fund
Irkutsk Oil Company (INK) signed a donation agreement with the Children’s Fund of the Irkutsk Region as part of the long-term cooperation.
Science Days festival attracted more than 1,300 visitors in Irkutsk, Ust-Kut, and Zheleznogorsk
The festival activities were held in Irkutsk, Ust-Kut, and Zheleznogorsk-Ilimsky, with more than 1,300 people attending. The main sponsor of the event is Irkutsk Oil Company (INK).
Reading Day to be held in Irkutsk and Kirensky district with INK’s support
The Reading Day event will be held in Irkutsk and the Kirensky district on March 19-23 with Irkutsk Oil Company (INK) as the main sponsor.
Collection of grant contest winning projects published by INK
Irkutsk Oil Company (INK) issued a collection book listing the winning projects to mark the fifth anniversary of its grant contest “The Energy of Native Land”.
INK placed time capsule in the first apartment block of new residential complex in Ust-Kut
Irkutsk Oil Company (INK) held a ceremony of placing a time capsule in the foundation of the first apartment block of the new residential complex under construction in Ust-Kut town for employees of the Irkutsk Polymer Plant.
Over 850 thousand roubles raised for children at concerts organized by Fund of Marina Sedykh
Charitable concerts were held in Ust-Kut and Zheleznogorsk-Ilimsky on the occasion of the 10th anniversary of the Fund of Marina Sedykh raising over 850 thousand roubles. The funds will be used to provide support to children with disabilities.
Ust-Kutsky municipality administration, INK and Vostokgosplan agreed to draft master plan for Ust-Kutsky district
Irkutsk Oil Company (INK) has signed an agreement to develop and implement a master plan for the Ust-Kutsky district with the administration of the Ust-Kutsky municipality and Federal Autonomous Research Institution Eastern State Planning Center (Vostokgosplan).
Ivano-Matryoninskaya hospital doctors examined around 800 children in Ust-Kut and Verkhnemarkovo with support from Marina Sedykh Fund
Specialists of Ivano-Matryoninskaya children’s hospital conducted some 800 health checks for children living in Ust-Kut town and Verkhnemarkovo village.
INK opens grant contest The Energy of Native Land for entries
Irkutsk Oil Company (INK) has started to accept entries in the yearly grant contest The Energy of Native Land. Entries may be submitted until December 5, 2023.
INK-Capital: “PRO North Youth” grant contest now open
JSC INK-Capital announces the opening of the grant contest “PRO North Youth” for citizens of the Russian Federation aged 18-35.
“Northern Troopers” festival sponsored by INK to be held in Irkutsk Region from June 17 to July 3
The cultural event will start on June 17 in Kirensk and end on July 3 in Irkutsk. Irkutsk Oil Company has been supporting the festival for nine years now as the general sponsor.
The Baikal Risk Forum-2023 to be held in October in Irkutsk
The VII International Baikal Risk Forum (BRIF’23) is scheduled for October 2-6. This year, the organizers and participants are looking into two essential aspects of sustainable development – industrial ecology and social partnership.
The Reading Day to be held in Irkutsk on June 2-3 with INK’s support
Irkutsk Oil Company (INK) will be the general sponsor of the reading festival to be held in Irkutsk city on June 2-3.
INK raised over 8 million RUB for Ivano-Matryoninskaya hospital to procure equipment
Irkutsk Oil Company (INK) and the charity fund of Marina Sedykh have helped the children’s hospital to purchase equipment for the traumatology unit.
INK to support a project by the Russian Geographical Society in Ust-Kut
Irkutsk Oil Company will provide a grant to a project by the Russian Geographical Society (RGS) implemented in Ust-Kut town.
Baikal Risk Forum-2022 to be held on September 12-16 in Irkutsk
The sixth International Baikal Risk Forum (IBRF) will be held on September 12-16 in Irkutsk. JSC INK-Capital is the host of the forum, and LLC Irkutsk Oil Company (INK) is the general partner. The forum will also be supported by the governor of the Irkutsk Region Igor Kobzev and the regional administration.
INK’s museum became an awardee in the countrywide contest
The corporate museum of Irkutsk Oil Company (INK) became a prizewinner in the fourth All-Russian Corporate Museums Contest.
Irkutsk Region ombudsperson: Irkutsk Polymer Plant means new jobs opportunities in Ust-Kut
Irkutsk Region ombudsperson Svetlana Semyonova had a working trip to Ust-Kut town on May 23-24. Having visited LLC Irkutsk Polymer Plant (a project implemented by Irkutsk Oil Company), the ombudsperson noted a special importance of the project to the local community and attracting young professionals.
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
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
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
Irkutsk Oil Company signed a cooperation agreement with the Irkutsk branch of the AllRussian Public Organization: All-Russian Society for Nature Conservation.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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
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
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
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
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
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
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”
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 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
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.
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
Irkutsk Oil Company cumulatively produced its 15-millionth ton of hydrocarbons on June, 5 2015 since its inception in November 2000.