Rosneft and CNPC Reached an Agreement on Reservoir Hydraulic Fracturing Modeling Technology

2021-11-30 Viewed:115


    "Rosneft and CNPC signed a license agreement to use rn-grid software - reservoir hydraulic fracturing modeling and design technology within the framework of the third Russia China Energy Business Forum. Rosneft will promote the improvement of the development efficiency of China's oil and gas fields."

    In addition, within the framework of the business forum, Rosneft signed cooperation agreements with a number of Chinese companies in the field of procurement procedures. It is reported that the main purpose of the model agreement is to develop long-term mutually beneficial cooperation and Chinese enterprises may participate in the procurement procedures of Rosneft in the field of production facilities construction, totaling 760 billion rubles.

    Rosneft plans to inform Chinese suppliers and contractors of the start of procurement procedures for some infrastructure projects and provide methodological support for participating in procurement.

Rosneft also reached an agreement on cooperation in the field of talent training with UFA National University of petroleum technology and Tsinghua University, one of China's first-class universities.

Disclaimer: The above content was edited by Energy China Forum (, please contact ECF before reproduce.

Author:    News Time:2021-11-30


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