Dec. 14, 2021 - NLMK Group and Gazprom Neft Technology Partnerships have signed a cooperation agreement on innovation. The two parties intend to pool their resources, competencies, and knowledge to collaborate in innovation, to seek out and support technology startups in the energy sector.

The partners plan to jointly develop an infrastructure for testing and integrating technologies by Russian developers. Participants of the Gazprom Neft INDUSTRIX* accelerator programme will gain access to expertise from leading specialists in the oil and steel industries and the opportunity to test their prototypes at NLMK Group sites.

Gazprom Neft and NLMK plan to develop solutions for prospecting, extraction, and traditional energy, along with innovations to address energy transition challenges, including technologies for CO2 capture, utilization, and storage.

Sergey Chebotarev, NLMK Group Vice President for Energy and the Environment, said: "NLMK Group is excited to become part of an ecosystem created to support dynamic development of unique solutions with high technological, market, and cross-industry potential. By joining forces, our companies will be able to test and integrate alternative energy and decarbonization technologies more effectively."