In April 2004, the SPE board of directors officially approved the second SPE student chapter in Moscow/Russian Federation at the Moscow State University of Geological Prospecting. SPE President-Elect Giovanni Paccaloni inaugurated the SPE student chapter at this university on April 20th together with Val Johnston-Jones, SPE Director for Europe/Russia/Caspian, and Reinhard Pongratz from the SPE Moscow section.

In March 2004, the SPE board of directors officially approved the first SPE student chapter in Moscow/Russian Federation. SPE President-Elect for 2005, Giovanni Paccaloni had visited the Gubkin University in December 2003 together with Val Johnston-Jones, SPE Director for Europe/Russia/Caspian, Prof. Michael Economides, Prof. Ronald Oligney, Klaus Potsch, SPE director for Eastern Europe, and Reinhard Pongratz from the SPE Moscow section.

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The majority of oil production in TNK-BP operations is delivered by means of artificial lift through application of electrical submersible pumps. Thus ESP performance and reliability are highly leveraging towards the outcome of the companys business per
Priobskoye Field Dev. Sibneft