• 2020 October 20 10:12

    LUKOIL and Rostec sign cooperation agreement

    President of LUKOIL Vagit Alekperov and General Director of Rostec State Corporation Sergey Chemezov have signed an agreement on cooperation in Moscow, says press center of the oil company. The signing ceremony, held on October 19 in the Oil pavilion at VDNKH, one of Moscow's largest parks and a showcase of historical achievements of Russian economy and technical thought, was attended by Deputy Prime Minister of the Russian Federation Yury Borisov.

    According to the document, the parties agreed to develop products and technical solutions that will contribute to the efficiency of production, transportation, processing, refining and sales of hydrocarbons and facilitate supplies of energy resources to consumers across various sectors of economy.

    LUKOIL has been for many years supplying various fuels and a wide range of lubricants to businesses, incorporated in Rostec.

    "LUKOIL and Rostec share a long history of cooperation. LUKOIL purchases industrial equipment and IT-products to Rostec, while supplying it with our products. We explore probable development scenarios for petrochemistry. Aside from basic polymer production projects, we are also looking into fine chemical industry. Fine chemicals are highly sought for by Rostec. LUKOIL conducts research to develop cutting-edge technologies, which might be used by Russian military-industrial complex," said Vagit Alekperov.

    "The new agreement provides for an upgrade of LUKOIL's infrastructure by introducing Rostec's solutions for security, industrial automation, telecommunications and IT, and remote work, the latter being of an especially great interest given the ongoing pandemic. Our partners also express an interest in our unmanned aerial vehicles and the Mi-171A3 offshore helicopter designed for maintenance of offshore drilling platforms," noted Sergey Chemezov.

    Continuous development of cooperation with the state corporation matches priorities of the state policy that addresses technological upgrade of energy enterprises with Russia-made innovative solutions and equipment, and contributes to promotion of high value-added products, offered by fuels and energy complex and the defense industry, at domestic and international markets.

    The intentions, envisaged by the agreement, will be implemented by LUKOIL-Rostec joint working groups.

    LUKOIL is one of the largest publicly traded, vertically integrated private oil and gas companies in the world accounting for around 2% of the world's oil production and around 1% of the proved hydrocarbon reserves. LUKOIL Group operates in exploration and production of oil and gas, oil refining and gas processing, wholesale and retail sales of high-quality oil products, gas processing products and petrochemicals, and power generation. The company plays a key role in Russia’s fuel and energy complex accounting for 15% of national crude oil production and refining.

    Rostec State Corporation is one of the largest Russian industrial companies. In total, more than 800 research and production entities spread over 60 Russian regions are united under Rostec’s management umbrella. Rostec operates in a number of core business areas, such as aircraft engineering, radioelectronics, medical equipment production, advanced structural materials production etc. Rostec’s portfolio features famous brands: KAMAZ, United Aircraft Corporation, Russian Helicopters, United Engine Corporation, Uralvagonzavod, Shvabe, Kalashnikov Concern, and many others.




2020 November 24

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12:05 The Arktika icebreaker accomplishes its first task in the Northern Sea Route basin
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11:25 A WWII air bomb defused near Novorossiysk based CPC Terminal
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10:04 MABUX: Bunker market this morning, Nov 24
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09:22 Baltic Dry Index as of Nov 23
09:02 East Coast Australia JIP delivers a new interactive dashboard for LNG forecast

2020 November 23

18:24 North P&I Club pre-renewal report confirms corrective response to market challenges
18:00 RF Government is set to reorganize the structure of development institutions
17:13 4th International Congress “Hydraulic Engineering Structures and Dredging” slated for 25-26 February 2021
16:34 Damen completes Eidsvaag Opal conversion
16:28 STLC and VEB-Leasing to be consolidated into Unified Leasing Company
16:05 Aker Solutions wins maintenance and modifications contract in Brazil from Equinor
15:41 Vard secures contract for eight marine robotic vessels
15:17 RF Transport Ministry confirms its intention to introduce investment charges in seaports from 2021
14:53 Hydrographic boat of Project 19920 joins RF Navy’s Northern Fleet
14:31 Concordia Maritime CFO resigns from his position
14:09 Friendship 2020 joint exercise of the Egyptian Navy and the Russian Navy Bridge ends at the Black Sea Fleet
13:25 Ningbo Containerized Freight index rises by 19.8% in November 2020
12:34 Average spot market price for Russian M100 product climbed to RUB 13,184 pmt
12:12 The UK could increase its ambitions for renewable energy at a lower cost to consumers, new Wärtsilä analysis finds
12:02 Chinese ports container throughput down 0.03% to 217.2 million TEU from January to October 2020
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11:11 Brodosplit lays keels for two coastal patrol vessels
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2020 November 22

16:23 Ørsted and NABTU sign landmark MOU for U.S. offshore wind workforce transition
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12:18 Port NOLA's Brandy D. Christian receives 2020 C. Alvin Bertel Award
11:41 BPA announces the release of UK Ports industry magazine
10:42 Coast Guard Cutter Diligence returns to homeport from Caribbean patrol

2020 November 21

16:12 Impact assessment agency of Canada interim report an incomplete analysis omitting a number of important facts
15:49 Cummins introduces X15 Stage V solution for European inland waterways
15:18 Belfast Harbour supports launch of Maritime Belfast Trust
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13:39 Armstrong Marine USA of Port Angeles, Wa. launches new identity as BRIX MARINE
12:24 Mackay provides electronics package for two Vigor-built pilot boats commissioned by Los Angeles Pilot Service
11:38 Third quarter 2020 business activity strong CMA CGM Group operating performance

2020 November 20

18:00 CMA CGM to launch the FLAMINGO EXPRESS service
17:49 Senior Arctic Officials’ plenary meeting held in a virtual format
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16:52 Port of Algeciras was awarded the ESPO Award 2020
16:33 FSUE "Rosmorport" takes part in International Forum "Transport of Russia"
16:05 MOL's new app boosts efficiency with real-time processing of ship operational data
15:40 Novotrans ensured 100-pct loading of Baltiysk ferry on Ust-Luga-Baltiysk line
15:08 ABP invests around £2 million in new lock gates in Ipswich
14:22 PD Ports unveils plans for River Tees Digital Platform
14:05 Rosterminalugol handled over 23.4 million tonnes year-to-date, up 8% YoY
13:44 Tallink receives Finnish Government guarantee for additional loan
13:21 Golar and Black & Veatch announce collaboration in floating ammonia production, carbon capture, green LNG and other emerging technologies
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