Rosneft places orders for shipbuilding at FESRC

  

During the Eastern Economic Forum, Rosneft and the Far Eastern Shipbuilding and Ship Repair Center (FESRC) signed contracts for design, building and supply of two reinforced ice-class multi-functional support vessels. Additional terms of the contract provide for the option to build two more similar serial-built vessels. The documents were signed by Igor Sechin, Rosneft Chairman of the Management Board and Vladimir Tsybin, Acting General Director of the Far Eastern Shipbuilding and Ship Repair Center.

New 100m long vessels can be operated in harsh conditions. A wide range of tasks can be resolved as part of Rosneft offshore projects implementation in the northern seas due to multiple functions of this type of vessels.

The support vessels are planned to be constructed at Zvezda Shipyard. The contracts were signed in development of the exclusive agreement signed by the parties in 2014 that provided for placing all shipbuilding orders at the facilities of the complex. Thus, the Company is fulfilling its license commitments as related to placing orders with the Russian shipyards.

Commenting on the agreement signing, Igor Sechin said, "Today we placed a pilot order for building high-tech vessels with Zvezda Shipyard. We started implementation of the task set by the Russian President to localize the manufacturing of marine facilities in the Far East, and we expect that other license holders working at offshore license blocks, and shipping companies will follow our example".

Once implemented, the project "Creation of Zvezda Shipbuilding Complex" will facilitate a new industrial cluster in the Russian Far East and will have a significant multiplier effect for the economy of the region.