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TNK-BP
TNK-BP is a leading Russian oil company and is among the top ten privately-owned oil companies in the world in terms of crude oil production. The company was formed in 2003 as a result of the merger of BP’s Russian oil and gas assets and the oil and gas assets of Alfa, Access/Renova group (AAR). BP and AAR each own 50% of TNK-BP. The shareholders of TNK-BP also own close to 50% of Slavneft, a vertically integrated Russian oil company.

Environment and safety

TNK-BP leadership considers health, safety and environmental problems very important. Since Day 1, the company leadership has worked to fulfill its commitment to HSE goals, which are stated in the HSE policy.

At present, five TNK-BP policies have been developed by the company, including the HSE Policy. The policies, which are written in general language, set forth a strategic framework and articulate the core values within which the company operates. In the second tier, Performance Standards set out in more detail what the Policy Commitments mean in practice. These describe TNK-BP’s expectations, and are consistent with the company’s long-term strategic framework.

Many of our challenges in HSE and infrastructure upgrades cannot be completed overnight but they present a potential opportunity to leverage the application of new BP technologies in resolving these issues.

TNK-BP spends approximately $180 million annually on mitigating operational injuries, damage to property and reducing the negative impact of our operations on the environment as well as upgrading our existing infrastructure.

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