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Rosneft and Bashvzryvtechnologii agreed on cooperation in the area of oilfield services

25 May 2018

As part of XXII St. Petersburg International Economic Forum, Rosneft and Bashvzryvtechnologii signed an agreement on cooperation in the area of oilfield services.

The document defines the main principles of mutually beneficial long-term cooperation through the implementation of joint oilfield service activities and the provision of services in such areas as hydraulic fracturing, coiled tubing, well interventions.

RN-GRP and Bashvzryvtechnologii are expected to join their efforts in providing services for Rosneft and other oil and gas companies operating in the Russian Federation.

For reference:

Bashvzryvtechnologii is a Russian company developing and manufacturing equipment for well workover operations, coiled tubing, as well as logging equipment. 

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
25 May 2018

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.