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PJSC Udmurtneft named after V.I. Kudinov is the flagship of the fuel and energy complex of the Udmurt Republic, accounting for almost 60% of the region's total oil production. The enterprise is among the largest taxpayers, employers and investors of the Republic. The territory of production activity includes 14 municipal districts located in the north, south and central part of Udmurtia.
The company was established in 1967. Since 2006, it has operated under the management of Rosneft and Sinopec Petrochemical Corporation of China.
Udmurtneft carries out production activities on 70 license blocks. The company's balance sheet includes 33 fields under development and 2 fields under exploration.
The company's cumulative production since the beginning of operations exceeds 330 million tons of oil.