Russian petroleum company Rosneft, Gazprombank &
Sovcomflot and Korean shipbuilding company Daewoo Shipbuilding & Marine
Engineering have signed an agreement to establish a shipbuilding and industrial
cluster in the Russian Far East.
The parties say they’ve agreed to jointly complete the
construction and launch the new shipyard and shipbuilding complex in 2016 in
the southern part of Primorskiy Krai. The contract was signed in the presence
of Russian President Vladimir Putin and Park Geun-hye, the President of the
Republic of Korea, as part of an official visit by Putin to the Republic of
Korea.
The companies say they plan to establish a Russian-Korean
engineering center for shipbuilding and marine equipment for offshore projects.
The companies also have agreed to key terms for technology exchange, localization
of production and contracts placement.
Rosneft has a large-scale program to develop offshore
projects in Russia. The company, according to President & Chairman Igor
Sechin, has obligations to localize in Russia shipbuilding and marine equipment
production necessary for offshore projects implementation and is actively working
in this direction. Sechin said his company and Daewoo Shipbuilding are
implementing a project expected to have a “considerable multiplying effect on
all related industries.”
“We are glad the project will be implemented with the
support of such an experienced technological partner as DSME, which owns
cutting-edge technologies, as well as globally recognized reputation for
shipbuilding, engineering and production of marine equipment for offshore
projects,” Sechin said in a prepared statement. “We are convinced the cluster
will become a center for high-tech arctic shipbuilding in Russia.”