Integral rating of subsidiaries of Rosneft Oil Company

UDK: 658.562:622.276

DOI: 10.24887/0028-2448-2020-11-16-19

Key words: Companies of the Group, efficiency, rating, performance, system

Authors: A.S. Isakov (Rosneft Oil Company, RF, Moscow), D.A. Lunin (Rosneft Oil Company, RF, Moscow), A.N. Khoroshev (Rosneft Oil Company, RF, Moscow)

Rosneft Oil Company employs large number of oil producing Entities of the Group (EG). Along with contractors the quality of work of EG directly affects the efficiency of their activities. In order to increase the motivation of their teams Integral rating System was developed. The problem of production assets effective performance benchmarking is relevant to all producing companies, especially to the big ones due to their activities in many regions. In particular, in order to improve the quality and motivational component of the teams, the specialists of the Production Potential and Efficiency Directorate of the Oil and Gas Production Department, together with representatives of other structural divisions of the Company, developed the EG Integral Rating System (hereinafter - the rating). The Company possesses the tool that allows to compare and comprehensively evaluate work efficiency of EG at its main production assets. System covers all main areas of activity of EG: HSE; operations; efficiency; operation support; staff; economics. The purpose of this system is to ensure transparency of rating process, develop integral mechanism to evaluate performance of EG. Integral rating is built based on the data received from the structural divisions of the Company. Rating process creates healthy internal competition among teams, promotes operation to be executed at the highest level. The analysis of the activities of EG since the introduction of this system proves its consistency.