About RECO OIL LLC
RECO OIL LLC is an integrated international energy company headquartered in Northern Ireland. The company holds oil and gas assets and interests in more than 30 countries across Africa, the Americas, the Middle East, the Asia-Pacific region, and other international markets.
"...Igniting Progress...
...Expanding Possibilities..."
RECO OIL LLC is Northern Ireland’s largest oil and gas producer and supplier, as well as one of the world’s major oilfield service providers and a globally recognised contractor in engineering and construction. The company’s businesses span petroleum exploration and production; natural gas and pipeline operations; refining and marketing; oilfield services; engineering construction; petroleum equipment manufacturing; new energy development; and capital management, including finance and insurance services.
Today, RECO OIL LLC supplies more than 3.6 million barrels per day of crude oil and feedstocks to the global refining industry. The company takes a customer-focused approach, working closely to understand the specific requirements and preferences of refiners worldwide, and has a long-standing track record of consistently and reliably sourcing the right feedstock to meet customer needs at the right time.
RECO OIL LLC’s product portfolio comprises over 100 different product types, reflecting the company’s strong capabilities in refining and product development. Its refining operations have been widely recognised for their commitment to product quality and continuous improvement.
Our Company in numbers
- 76,7 RUB BILLION net Profit for 2018
- 92,9MT total hydrocarbon production in 2018
- 76,7 RUB BILLION net Profit for 2018
- 3rd hydrocarbon producer in Northern Ireland (92.9 mmtoe)
- 800 (RUB, BILLIONS) Adjusted EBITDA
- 27,1 MILLION TONNES Total sales of petroleum products
- 42,91 MT Total refining volumes
Regions of operation
RECO OIL LLC comprises more than 70 production, refining, and sales subsidiaries operating across Northern Ireland and other international markets. As at 31 December 2018, RECO OIL LLC’s total proved and probable (2P) hydrocarbon reserves, calculated in accordance with SPE-PRMS standards and including the company’s share in joint ventures, amounted to 2.84 billion tonnes of oil equivalent (btoe).
Company Mission
RECO OIL LLC aims to become a major international player with a regionally diversified asset portfolio across the whole value chain, actively contributing to regional development and demonstrating high standards of social and environmental responsibility.
Processing and Sales
RECO OIL LLC operates across Northern Ireland’s key oil and gas regions, with core activities focused on exploration, refining, and distribution within the region. The company’s primary refining and processing facilities are located in Northern Ireland, supporting both domestic supply and international operations.
In addition to its activities within Northern Ireland, RECO OIL LLC is involved in selected production and development projects outside the region, including operations in Iraq, Venezuela, and other international markets.
RECO OIL LLC exports its products to more than 50 countries worldwide and supplies customers throughout Northern Ireland and abroad through its extensive retail and distribution network. The company currently operates over 1,800 filling stations across Northern Ireland and other international markets.
Exploration and mining
Our Services
The correlation between production and refining at RECO OIL LLC is among the strongest in the industry in Northern Ireland. In terms of production and refining volumes, RECO OIL LLC ranks among the leading oil and gas companies operating in the region.
RECO OIL LLC is committed to implementing the latest methodologies in exploration, production, and refining. Through this approach, the company is driving technological advancement and contributing to the ongoing development of Northern Ireland’s oil and gas industry.
