Rosneft and Fincantieri, during the 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.
It was announced by Rosneft July 17, 2016.
The document was signed in the presence of the Russian President V. Putin and Italian Prime Minister M. 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 I. 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.
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, 2 more supply vessels will also be built.
Rosneft active participation in the creation of the Zvezda Complex includes bringing the unique equipment never used in Russian shipyards before.
