In 2018, Gazprom Neft’s Board of Directors approved a new Strategy through 2030, with a goal for the Company to become a global benchmark in efficiency, HSE and technology.
In more than 10 years since the first Growth strategy the Company has become a major player in the global hydrocarbons industry. The Company is staying on its path to deliver on targets set out in our 2025 Strategy with a number of key projects, most of which are now in production phase.
At the same time, high volatility in energy markets, fiercer and ever changing competition, and transformation of the energy industry at large create new reality to oil and gas companies. Combined these challenges and the step-change in the Company scale, competencies and ambitions led us to to revise and update our strategy.
To evolve into one of the world’s best industrial companies that shapes the industry’s progressive transformation, makes the impossible a reality, and provides inspiration in Russia and abroad.
To evolve and keep the world evolving. To create and feel proud of the result. We help build resources for the future and make a sustainable difference by providing energy, knowledge, and technologies.
The new Strategy – 2030 is rooted in the previous generation of the Strategy – 2025 and focuses on the Company’s market positioning, flexibility to external changes and transforming all of its key business processes. Gazprom Neft’s targets until 2030:
- build a next generation company;
- set the standards for other industry businesses in terms of efficiency, use of technology, and responsibility to shareholders and the community;
- rely on the Sustainable Development Goals approved by the UN General Assembly on 25 September 2015.