The main goal of the cooperation is to create innovative and competitive equipment, as well as technologies of Russia production. The work will be conducted in the field 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.
Apart from that, Bashneft and the Skolkovo Foundation will contribute to development of technologies for improving petroleum product quality and operational efficiency of refineries, as well as petrochemical facilities.