Bashneft plans to use Skolkovo fund’s technologies to increase oil production

Bashneft has planned to use technologies, developed by Skolkovo fund, to increase the oil production and hydrocarbon reserves, the company reports after of the signing of an agreement with the Fund.

Under the agreement, areas of the strategic partnership between Bashneft and the Skolkovo fund will be technologies in the fields of industrial and environmental safety, technologies reducing geological risks and improving efficiency of geological exploration, increasing hydrocarbon reserves and oil production.