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Innovative Partnership

For the purposes of implementing cutting-edge upstream technologies, PJSC LUKOIL created an Innovation Development Portal, an e-marketplace where any supplier of high-performance technologies and equipment, from major companies and industry-specific institutes to small businesses and individuals, can offer its ideas for application in the company.

LUKOIL is first of all interested in technologies and equipment that would enable it to achieve positive results in its operations, for instance, significantly improve performance of its processes, increase hydrocarbon production or successfully develop the fields of hard-to-recover reserves. A mandatory precondition for the proposal to be reviewed is that it must be elaborated in detail, and the proposed solution must be ready for testing to confirm the advantages offered, and for application today or in the near future.

Currently, experts are ready to review the proposals on the following focus areas of the Company in its Upstream business: