Zvezda Shipbuilding Complex and Samsung Heavy Industries Co. Ltd. (The Republic of Korea) signed the Term Sheet for creating a joint venture (JV) to manage projects for construction of Arctic shuttle tankers.

The purpose of the established JV is the technological support for the construction of Arctic shuttle tankers at Zvezda Shipbuilding Complex of various sizes with deadweight from 42 to 120 thousand tons. Tankers will be used for the export of oil produced at the fields of Rosneft, as well as for other Russian and foreign producers.

Cooperation with Samsung Heavy Industries (SHI) will facilitate development of advanced shipbuilding technologies at Zvezda Shipbuilding Complex.

Notes for editors:

SHI has extensive experience and high qualification in the design and construction of Arctic shuttle tankers. A total of 48 shuttle tankers (39% оf the overall number of vessels of this type) were built at SHI shipyard, including 10 out of the 12 Arctic shuttle tankers built in the world so far.

Zvezda Shipbuilding Complex is set up in Bolshoy Kamen, Primorsky Region. The shipbuilding complex design provides for the construction of a heavy outfitting berth, a dry dock, full-cycle production shops, and shops for the construction of offshore marine facilities.

Zvezda Shipbuilding Complex will produce heavy tonnage ships, elements of offshore platforms, ice-class vessels, special vessels and other marine equipment.

Rosneft Information Divisiontel.: + 7 (499) 517-88-978 September 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.

OJSC Oil Company Rosneft published this content on 08 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 September 2017 06:47:04 UTC.

Original documenthttps://www.rosneft.com/press/releases/item/187645/

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