Strategic Review

tree We regard as the essential part of our business the contribution to the society development, economic growth and improvement of the quality of life in regions of the presence. more

14 production assets and 6 leading RD Recognizing our achievements, in 2012 HMS Group was included on the shortlist of finalists in the Pump Industry Awards, established by the British Pump Manufacturers’ Association. The Group was recognized as a finalist in the “Technical Innovation of the Year - Projects” category for its turnkey project involving the construction of a pump station in Turkmenistan. more

Risk management We use a formal risk management program across our companies, i.e. there is an ongoing process for identifying, evaluating and managing the significant risks faced by the company. more

138 000 Thousand of actively producing well-stock The well stock reached 162.8 thousand versus 161.2 thousand in 2011, while more than 138.8 thousand (~85%) of them are actively producing. Russia aims to maintain annual oil production at the current level, or just over 10mn bpd, over the next 10 years. more