|
Research and DevelopmentRusneftegaz places significant onus on innovation and advancement through the utilization of new technologies and approaches, chiefly to satisfy our stringent sustainability and efficiency targets. Thus, our organization invests both financial and intellectual resources in this area, not only for both the short and long-term benefit of Russia, but also the global oil and energy industries on a larger scale. This is ultimately enshrined in a comprehensive five-year research and development plan, detailing the design, engineering and technical measures to be undertaken to improve our operations, including the implementation and introduction of new equipment and methods. The strategy, which was last reviewed in 2020 and is due to be replaced at the beginning of 2025, is primarily based upon ensuring the maximum lifespan and viability of certain assets which are integral to our long-term strategic goals. This also includes our senior researchers analyzing new or revised best practices from around the world, in addition to reviewing internal requirements for labor-saving and cost-reducing apparatus.
Although the majority of these policies are focused on our own immediate economic advantage, our organization has placed considerable impetus on the advancement of future power sources. For example, we have committed to invest in the next generation of sustainable technologies, and in all our licensed areas there are plans to both enhance our efficiency and effectiveness. We believe that the latter can be expedited via research and development conducted both externally and internally, and therefore we regularly contribute to projects managed by learned academics and institutions. Thus, Rusneftegaz has recently begun studies to develop hydrogen, a viable alternative to traditional fuels, from modified catalytic reformation techniques. This particular program has been organized with the intention that our company one day acquires the collective knowledge and intellectual property to become one of the largest commercial producers of this element within ten years. Whereas current attention centers upon improvements in energy storage and batteries, the most effective medium to propel larger vehicles, including airplanes and rockets, involves the transformation of water molecules into useful fuel. Our technical department is also currently investigating how to improve existing electrolysis technology, the results of which are positive at this time. Should these programs successfully result in a decline in the production cost of the ubiquitous gas, our forecasts project we have the potential to transform into a leader in this new market.
As a consequence of this, we have refined a blueprint to effectively manage any intellectual property requirements arising from any successful projects orchestrated by our organization. Fundamentally, we believe that if an innovation arises because of our work, a legal process should be undertaken to protect our investment. This is whilst also progressing the longer-term interests of the Russian Federation, in conjunction with all relevant industries. To also facilitate the technical progress of our nation, Rusneftegaz intends to establish prizes for adults and youth alike to provide proposals and ideas for our future research and development plans. We believe that an award with financial remuneration, with participation by external parties, has the potential to mitigate the effects of groupthink among our staff. It will also yield less hegemony and creating new points of view among members of our workforce. Collaboration with independent individuals and groups is a central tenet of these policies, and as previously aforementioned, we periodically submit data to educational establishments to contribute to their scientific studies. Each year, our company receives requests for cooperation from institutions both in Russia and abroad, and we create an annual program to render assistance to as many organizations as possible. This mostly includes contributing to geological surveys, such as seismology, but also incorporates the supply of data and samples under the terms of agreements with non-academic bodies.
|
|
|
Warning |