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Bashneft, Skolkovo Foundation sign research and technical cooperation agreement

July 13, 16:57 UTC+3 MOSCOW
Bashneft and the Skolkovo Foundation will work in strategic partnership on technologies in the sphere of industrial and environmental safety
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MOSCOW, July 13. /TASS/. Bashneft and the Skolkovo Foundation have signed a strategic cooperation agreement aimed at promoting research and technical cooperation in the development and implementation of innovative and competitive Russian equipment and technologies, Russia’s oil producer reported Wednesday.

Under the agreement, Bashneft and the Skolkovo Foundation will work in strategic partnership on technologies in the sphere of industrial and environmental safety, technologies for reducing geological risks and improving the efficiency of geological exploration, building up hydrocarbon reserves and boosting oil production, the report said. Also, the parties will promote cooperation on technologies for improving petroleum product quality and operational efficiency of refineries and petrochemical facilities, on state-of-the-art information systems for production process management, and technologies enabling energy conservation and efficient use of energy resources.

In 2015 and 2016 the Skolkovo Innovation Centre hosted Bashneft’s Open Innovation Days, where resident companies of the Foundation presented innovative oil and gas technologies to technical experts. Following a detailed discussion and assessment of technological innovations by industry experts, Bashneft drew up a program of pilot tests for a number of samples of new equipment and technologies developed by resident companies of the Foundation.

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