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Russian oil major Rosneft to allocate over 700 million rubles for software development

November 28, 2013, 12:53 UTC+3 MOSCOW
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MOSCOW, November 28. /ITAR-TASS/. The investment of the Russian oil major Rosneft for software development for the computer designing of development of deposits and the management of innovative projects will exceed 738 million roubles (about $22.4 million) by 2015, a source close to Rosneft told Itar-Tass on Thursday.

In his words, a large part of investment will be made for the creation of special software to model geological prospecting at composite deposits. “In fact, this is a unique product, which has no equals in the world,” the source said.

Rosneft plans to have introduced this computer modelling system in new assets of the company by 2015.

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