The first step (1991–1999 years)

Joint-stock Company: Nadra

The beginning of the company activity involved conducting scientific research on the study and development of deposits of energy, minerals and water (underground waters) resources on the order of Ukrainian mining enterprises. The company developed the first concept of energy security of Ukraine (oil and gas) (1992) on the order of the government of Ukraine.

The initiation and the creation of the Ukrainian external economic oil and gas corporation entitled «Ukrzarubizhnaftohaz» was an association of 37 enterprises of the oil and gas complex of Ukraine to output their own products and services in the foreign markets and the integration into the global economy. From 1991 to 1995, the main activity of JSC «Nadra», one of participants of the association, was participation in projects and programmes of the above-mentioned corporation.

Deliveries, according to the government programmes, of products and services of 98 enterprises of an oil and gas complex of Ukraine to the gas and oil producing enterprises of the Tyumen region of the Russian Federation in exchange for oil counter-deliveries to Ukraine (Decrees of the Cabinet of Ministers of Ukraine # 139, from February, 27th 1993 «On measures to ensure in 1993 oil supplies to Ukraine and participation of Ukrainian enterprises and organisations in the development of the West Siberian oil and gas complex» and # 265 on April 28th, 1994 «On measures to ensure during the current year the oil supplies to Ukraine on account of work performance in the oil and gas producing regions of the Russian Federation and supply them logistical resources and food/consumer goods») and to the RAO «Gazprom» and its subsidiaries – on account of repayment of debts of the JSC «Ukrgazprom» for the consumed Russian natural gas (Decree of the Cabinet of Ministers of Ukraine # 152, from March, 5th 1994 «On the supply of products to Russian enterprises on account of debts for natural gas and oil»).

In 1994–1995 is implemented a programme of supplying industrial products and geological-geophysical services to subsidiaries of the JSC «Ukrgazprom» in payment for transit of Russian natural gas.

Under arrangements with the government of Turkmenistan and the Turkmen oil and gas companies, the supplies of production, geophysical, drilling and other equipment of the Ukrainian production, building of gas pipelines and compressor plants, scientific and technical cooperation in the oil and gas industry were carried out. The contracts on the equipment supplies to Azerbaijan and Kazakhstan have been signed and executed.

At this time, for the Ukrainian oil and gas enterprises, the task of penetration to the far abroad markets had been solved. For the purpose of supplying the Ukrainian machinery and technical products on the Southeast Asian market, the representation in the free economic zone had been organised – Chanchzhou (People’s Republic of China). The contract on drilling of deep wells for gas search in India was prepared. Preparatory work on tenders for the repair of gas wells in Egypt, drilling oil and gas wells in the Sudan and Yemen, and hydrogeological drilling in Jordan was conducted. JSC «Nadra» represented the interests of the Ukrainian enterprises in the negotiations with the Ministry of oil of the Republic of Iraq.

Thus, JSC «Nadra» has constantly performed marketing researches on foreign markets, and also the advertising of products and services of the Ukrainian enterprises at the international oil and gas exhibitions and conferences was carried out (Almaty, Ashgabat, Kyiv, Moscow, Beijing, Istanbul, etc.).

During the activity, JSC «Nadra» has proven its ability to carry out scale projects, consolidating scientific and technical potentials of the Ukrainian enterprises. Thanks to this activity, the considerable proportion of the Ukrainian goods and service producers obtained an opportunity to develop, modernise the material base and to master the new markets.

In late 1995, UZNHK «Ukrzarubizhnaftogaz» terminated the performance of government programmes and JSC «Nadra» stopped its collaboration with the said corporation.

Taking part in the organisation of the supply of products and services, oil and gas extraction enterprises of the Russian Federation and other countries, JSC «Nadra» has knowledge about all the needs of these enterprises, from geological exploration and arrangement of fields to support the oil and gas production for the entire life cycle of the fields.

Having also studied the experience and structure of services and the range of equipment of the world’s leading service companies (Schlumberger, Halliburton, Baker Hughes, Weatherford, CGG and others), the management of JSC «Nadra» started to create such service companies in Ukraine.

Engaging of the advanced domestic and foreign technology and equipment as well as creation based on JSC «Nadra» of group of the specialised exploration companies. Implementation of 3D seismic surveys (JSC «Ukrnaftogazeofizyka» 1998), geological and geophysical data processing and interpretation (JSC «Nadra Concern», 1999) and well geophysical investigations (CJSC «Ukrpromgeofizyka», 1999). Purchase during privatisation of controlling interests of leading Ukrainian factories on the manufacture of geophysical tools (JSC «Kiev plant «Geofizprylad», 1996), drilling rigs (JSC «Stryi factory «Metalist», 1997) and well completion and repair equipment (JSC «Geotehnika», 1998).

Main events of the first step

1991 The creation of Ukraine’s first private exploration company JSC «Nadra», which provides comprehensive services for the exploration and production of energy, minerals and water (underground waters) resources.
1992 Elaboration of the first concept of energy security of Ukraine (oil and gas) on the order of the government of Ukraine.
1993 Elaboration and implementation of the programme of delivery of products and participation of the Ukrainian enterprises and organisations in developing of the Western-Siberian oil and gas complex and the Tyumen region in exchange for counter-deliveries of oil to Ukraine (Decree of the Cabinet of Ministers of Ukraine, from February, 27th 1993 # 139.)
1994 Elaboration and implementation of the programme of delivering products with the participation of 98 Ukrainian research, design, service and industrial enterprises to the Russian enterprises of the RAO «Gazprom», SE «Rosneft» and other gas and oil producing association, which exported natural gas and oil to Ukraine, for natural gas and oil consumed by the enterprises of Ukraine (Decree of the Cabinet of Ministers of Ukraine, from March, 5th 1994 # 152.)
1994 Elaboration and implementation of the programme of delivering the products and services from the Ukrainian enterprises to the gas and oil producing enterprises and organisations of Western Siberia and Bashkortostan on account of counter-deliveries of oil from the Russian Federation (Decree of the Cabinet of Ministers of Ukraine, from April, 28th 1994. #265).
1994 Development and implementation of the programme of supplying products and services of the Ukrainian enterprises on account of natural gas imported by Ukraine from the Russian Federation and Turkmenistan.
1994 – 1995 Deliveries of products and services of the Ukrainian enterprises to the SE «Gazkomplektimpeks» and other subsidiary enterprises of the RAO «Gazprom».
1994 – 1995 Implementation of the programme of supplying industrial products and geological-geophysical services to subsidiaries of the OJSC «Ukrgazprom» in payment for transit of Russian natural gas.
1996 Acquisition of a controlling stake of OJSC «Kyiv plant «Geofizprylad» (plant for the manufacturing of equipment for geophysical well logging).
1996 Creation of the Closed Joint-Stock Company (CJSC) ««Institute of Applied Geophysics»» (in partnership with the Institute of Geophysics of the National Academy of Sciences of Ukraine).
1997 Acquisition of the controlling stake of the JSC «Stryi plant «Metalist» (development and production of drilling rigs and equipment for capital and underground repair of wells).
1997 Manufacturing and delivery to Poland of rigs for carrying out the workover (JASŁO S.A. (PGNiG Group).
1998 Acquisition of the controlling stake of the OJSC «Geotehnika» (manufacture of geology-prospecting equipment).
1998 Foundation of the company CJSC «Ukrnaftogazgeofizyka» with the aim to implement new technologies of the field geophysical surveys in the exploration industry.
1998 Implementation of highly effective techniques of subsoil study by means of 3D seismic surveys to search for hydrocarbon raw materials.
1998 Acquisition of the modern equipment of the western company Input-Output and creating field crew that has begun works on the Lychkivsko-Novoselivska area (Ukraine).
1999 Organisation of the modern centre of processing and interpretation of geological and geophysical data (CJSC «Nadra Concern»), introduction of the advanced world technologies of processing and interpretation of seismic survey data.
1999 Foundation of the CSJC «Ukrpromgeofizyka» Company with the aim of attracting new research technologies and works in oil and gas wells, as well as testing and implementing into production the new geophysical equipment of JSC «Kyiv plant «Geofizprylad».