Robin Pagnamenta, Energy and Environment Editor
Claim your free 2010 double sided wall chart
BP said today it will withdraw its last secondees to TNK-BP from Moscow earlier than planned, amid an escalating battle for control of the Anglo-Russian company.
A spokesman for BP said that its 60 remaining technical specialists, who had been assigned to work on a temporary basis for TNK-BP, were being pulled out of Russia with immediate effect.
The decision follows the departure of 88 other secondees over the past month after a dispute over their work permits in March.
BP said a further 49 permanent, foreign staff of TNK-BP - many of whom formerly worked for BP - will remain in Russia, although there are still questions over the status of the company’s chief executive, Bob Dudley and another junior member of staff.
In a statement today, BP said the specialists had been unable to provide services to TNK-BP since March after work visa complications.
It added that once this problem had been dealt with “they were prevented from returning to their duties by security staff in TNK-BP” and subsequently by a court injunction.
Despite the lifting of this injunction by a court in Omsk, a statement from BP said there was no indication that such attempts to interfere with BP’s ability to deliver technical support would be resolved any time soon.
Lamar Mckay, BP’s executive vice president said the decision to pull out the company's remaining secondees, including geologists and petroleum engineers from a range of countries including the UK, had been taken “reluctantly”.
“These technical experts have played a huge part in making TNK-BP one of Russia’s most successful oil companies in the past few years,” he said.
“Since it was formed in August 2003 the company’s oil output has grown by an annual average of 5.8 per cent. It has also paid some $70 billion in taxes and duties as well as $20 billion in dividends to its shareholders.”
BP described their redeployment as a “business decision”, citing a global shortage of skilled people in the oil and gas industry.
BP said they would be transferred to a range of other projects where there was a demand for their specialist skills - in Azerbaijan, the Middle East and the Gulf of Mexico, for example.
BP, which has owned 50 per cent of TNK-BP since 2003, has been locked in a fierce battle for control of the company with its co-owners, the AAR consortium which represents four Russian billionaires.
AAR has claimed that TNK-BP’s foreign secondees are a waste of money and have argued they should be replaced by Russians. They are also trying to dislodge Mr Dudley from his position as chief executive.
BP has accused AAR of “corporate raiding” of the kind that was widespread in the Russia of the 1990s.
AAR appeared to have scored a tactical victory yesterday after the company announced an unexpected deal with Venezuela. It follows months of angry exchanges between the two sides about a proposed expansion abroad.
BP wants TNK-BP, Russia’s third largest crude producer, to focus on domestic production while AAR has been pushing to pursue a variety of international opportunities.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
2004
£56,950
Essex
Check your free Experian credit report before applying
Car Insurance
c. £70,000
The Duke of Edinburgh’s Award
Windsor
£123,460 pa
The Law Commission
London
Southwark County Council
£100,000
Home Office
Liverpool
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Includes flights, accommodation with room upgrades, transfers city tours in Hong Kong and Bangkok.
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
Choose from the beautiful landscape and tranquil beaches of Oahu, Kauai, Maui & Big Island.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.