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| Jacobs receives contract for refinery upgrade project in Russia Jacobs Engineering Group Inc. announced that a subsidiary, Jacobs Consultancy UK Ltd., received a contract from Slavneft-Yanos to provide consulting support for a strategic development program at a 300,000 barrels per stream day refinery in Yaroslavl, Russia. Slavneft-Yanos, co-owned by TNK-BP and "Gazpromneft", plans to upgrade this major refining facility by converting the residue into high-value products that meet European specifications. TNK-BP, one of the leading privately owned oil companies in the world in terms of crude oil production, is a vertically-integrated oil company with a diversified upstream and downstream portfolio in Russia and the Ukraine. It was formed in 2003 by the historic merger of BP's Russian oil and gas assets and those of Alfa Access Renova group. TNK-BP owns 50 percent of Slavneft. The other 50 percent is owned by Gazpromneft, also a leading vertically-integrated Russian oil company which ranks among the largest companies in the world. The Company was established in 1992 as a joint stock company "Siberian Oil Company", and in 2006 it was renamed as Gazpromneft. write your comments about the article :: © 2007 Construction News :: home page |