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Rosneft and Fincantieri agreed to cooperate on design and engineering for a new type of vessel to be built at the Zvezda shipbuilding complex

17 June 2016

Rosneft and Fincantieri, during the XX St. Petersburg International Economic Forum, signed a Heads of Agreement for the formation of a joint venture focused on design and engineering of a new type of vessel to be built at the Zvezda shipbuilding complex The document was signed in the presence of the Russian President Vladimir Putin and Italian Prime Minister Matteo Renzi. The parties will also explore the possible development of those professional competences required to support the shipbuilding phase of the above mentioned project.

Coopertation with Fincantieri will enable to enhance the technical potential of Zvezda Shipbuilding Cluster and lay the basis for creation of innovative equipment . The above mentioned cooperation will be carried out in compliance and subject to, the applicable EU, US international trade rules.

Commenting on the agreement signed, Rosneft CEO Igor Sechin said: “Partnership with the largest shipbuilding enterprise in Europe, with significant experience in ships and special equipment design and construction globally  fully complies with Rosneft’strategy of creating an advanced shipbuilding cluster in the Russian Far East. We are pleased to notice that the cooperation with the Italian partner provides for designing of the specific models of equipment for Zvezda shipbuilding center, having no counterparts on the Russian market”.

Notes for editors:

Fincantieri is one of the world’s largest shipbuilding groups and number one by diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry’s sectors,   from high-complexity special vessels and ferries to mega-yachts, ship repairs and conversions, systems and components production and after-sales services.

Headquartered in Trieste (Italy), the Group has built more than 7,000 vessels in over 230 years of maritime history. With around 19,500 employees, of whom more than 7,800 in Italy, 21 shipyards in 4 continents, today Fincantieri is the leading Western shipbuilder.  

 The Zvezda Shipbuilding Complex is being built by a Consortium of Rosneftegaz, Rosneft and Gazprombank on the basis of the Far Eastern Shipbuilding and Ship Repair Center. Pilot work load for the Complex is provided by Rosneft, which made an exclusive agreement with FESRC to place all orders for new marine equipment and vessels with its facilities, as well as contracts for the design, construction and delivery of two multipurpose ice-class supply vessels. The new 100 meter-long ships will be able to operate in the most severe conditions for Rosneft offshore projects in the northern seas. In addition, two more supply vessels will also be built.

Rosneft active  participation in the   creation of the Zvezda Copmplex includes bringing   the unique equipment  never used in Russian shipyards before.

Rosneft Information Division
Tel: + 7 (499) 517-88-97
June 17, 2016

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.

Keywords: Petersburg International Economic Forum