Rosneft and the Russian Federal Space Agency enter into a Cooperation Agreement
During the XXVI St. Petersburg International Economic Forum Rosneft and the Russian Federal Space Agency (Roscosmos) entered into a cooperation agreement suggesting to apply satellite systems in the operations of the Company.
The document envisages cooperation in such areas as geotechnical monitoring of facilities, and also signal, TV and radio communications support for the operating sites of Rosneft. Cooperation is also supposed in the development of distant methods of Earth study and observation, detection of GHG emissions, including methane.
Cooperation with Roscosmos expands the Rosneft capabilities in further study and monitoring of the country's northern regions to implement the unique high-tech Vostok Oil project. As part of the cooperation, Earth remote sensing services are of certain interest as they can provide all-weather imaging of the territories for hydrometeorological, geotechnical, geodynamical and environmental monitoring.
The Cooperation Agreement with Roscosmos implies research, development and engineering activities that are required to implement the projects in industrial safety, logistics and freight forwarding, providing communications and Broad Band Internet for the remotest assets of the Company which is especially important for the Vostok Oil project in the north of Krasnoyarsk Territory.
The Company is also interested in the data related to the definition of the Russian forests capacity to absorb carbon and control of the fire environment, which can be used within the forest-and-climate projects presented by Rosneft during SPIEF-2022.
To effectively implement the agreement, the parties intend to establish joint working groups and develop a detailed action plan aimed to develop the R&D and operating capacity of Rosneft.
For reference:
Vostok Oil is the largest investment project of the global oil and gas industry being implemented in the north of Krasnoyarsk Territory. The resource base of the project exceeds 6.5 billion tons of premium-quality sweet crude oil.
A competitive advantage of the Project lies in its close vicinity to the Northern Sea Route. Execution of this Project secures delivery of the target set by the President of Russia on increasing the freight traffic of the Northern Sea Route to 80 million tons by 2024.
Vostok Oil is one of the most ecological projects. Even at the design stage, the application of advanced environmental protection technologies is envisaged – from the well drilling stage to specialized design of oil pipelines and tankers, which will be used to export oil. The design solutions provide for full utilization of associated petroleum gas. The project will use, among other things, wind generation for power supply to the Vostok Oil facilities.
Information and Advertising Department
Rosneft
June 14, 2023
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