Bashneft and Skolkovo Foundation will cooperate in innovation development sphere

UFA, 14 July 2016. /Bashinform News Agency, Olesya Seregina/. On July 13, PJSOC Bashneft and the Skolkovo Foundation have signed a Strategic Cooperation Agreement, the company’s press-service reports. The aim of the agreement is to promote research and technical cooperation in the development and implementation of innovative and competitive Russian equipment and technologies.

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. In addition, the sides 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 saving and efficient use of energy resources.

The agreement signing continued the already started cooperation between the the Skolkovo Foundation and Bashneft company. 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 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 the resident companies of the Foundation.