IMPROVEMENT PROJECTS
STATISTICS

13 total
2 implemented 11 in progress

Risk management
process organization

Procurement activity
optimization

2013
22 total
6 implemented 16 in progress

IFRS implementation

Audit of international
reserves

Electronic Document
Management System
introduction

Internal audit
organization

Capital construction
information system

2014
33 total
19 implemented 14 in progress

Establishment
of a comprehensive
system of motivation
and training

Improvrmrnt of planning
and budgeting system

Establishment of a unified
system of financial
and tax accounting

Establishment of “Unified
Treasury”

KPI system improvement

Improvement of internal
regulatory documents
regulating corporate
management





2015
49 total
25 implemented 24 in progress

Establishment of a School
of Petroleum Engineering

Establishment of a School
of Project Management

Establishment of a number
management system

Establishment
of a “Production System”

Establishment of processes
for standartization
and optimization
of business processes

Establishment
of an information system
for remote drilling
monitoring

2016
62 total
38 implemented
24 in progress

Replication of the “Production
System” of Zarubezhneft JSC
in subsidiaries

Establishment of Zarubezhneft
JSC regulation system

Creation and development
of unique technological
expertise

Establishment of a process
to manage commodity risks
of the corporate center

Creation and implementation
of Corporate cooperation
principies

Establishment of a anti-
corruption and anti-fraud
system

Development of the “Manager
Work Standard”

Standardization of the prosecc
for searching and evaluating
new projects

Optimization of accounting
(tax) reporting deadlines





2017
94 total
63 implemented
31 in progress

Extension of the resource base
of Block 09-1 (JV Vietsovpetro)
based on new 3D4C drilling
and seismic data

Inclusion of Block 09-1 marginal
areas in the development

Development of “Well Repair”
telemetry system

Introduction of a unified
“Technological Framework”

Knowledge management system
development

A competitive selection
of the most promising NestroLead
employees

Introduction of the key personnel
rotation system

Increasing the efficiency
of interaction with foreing
partners

IT strategy development

Improvement of the management
reporting system in JV
Vietsovpetro

2018
115 total
88 implemented
27 in progress

EXPANSION

Direct search system

Communications and partnerships
when entering new financing

TECHNOLOGICAL
LEADERSHIP

Smartflooding

Tight Oil

Opening

Enthalpy

Development of the digital
transformation Strategy
and Program

CORPORATE EVOLUTION

Centralization and digitalization
of treasury functions

Automation of business processes
using BPM class IT system

Fast Track

Global info

TALENT MANAGEMENT

Nestroleed development

2019