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Bashneft and General Electric Sign a Long-Term Service Contract

02 June 2017

Bashneft, a company of  Rosneft Group, and General Electric signed a long-term service contract for the maintenance of biological water treatment equipment at the 21st St. Petersburg International Economic Forum.   

According to the contract, General Electric will provide technological guarantees for the maintenance of water treatment systems unique for Russia installed at Bashneft's facilities. The guarantee period will be 15 years. During this time, GE will supply replacement membranes as needed as well as provide a comprehensive service solution featuring advanced digital technologies to monitor filtration equipment at the plant. The GE’s services also include a solution aimed at leverage remote water monitoring system, which combines big data and analytics to maximize performance, minimize unplanned downtime, lower operating costs.

This service contract will ensure the prompt, high-quality monitoring of technical processes related to water treatment. Cooperation with GE will enable a high-level of environmental sustainability of the Ufa group of Company's plants. In addition, the water treatment plant is planned to process wastewater originating from more than 40 commercial enterprises and private organizations throughout the Ufa industrial region.

Commenting on the document signed, Rosneft Chief Executive Officer Igor Sechin said: "Our partnership with GE has a comprehensive scope and continues to develop. We are pleased that the experience and competencies of the leading company in the area of technology development are applicated at Rosneft's industrial facilities. We traditionally pay priority attention to the degree of equipment modernization and to minimization of the impact of our operations on the environment." 

Справка:

Bashneft and GE earlier signed a contract for the supply of equipment as part of the reconstruction of the water treatment systems at the company’s facilities. Following completion of the reconstruction, the biological wastewater processing systems will have a planned output of up to 84,000 cubic meters of clean water per day. This is a prominent figure for an industrial enterprise in terms of the scale of wastewater treatment and reuse. The GE membrane bioreactor significantly improves the efficiency of wastewater treatment. Water passing through the tiny membrane pores is cleansed of nearly all impurities and microorganisms.

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
02 June 2017

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.