LUKOIL SCIENCE

SI. Board of “LUKOIL” approved the annual coordination program of scientific and technical work for 2014 which will cost the company 6 billion rubles. This is stated in a statement.

Most of the funds will be directed to the program for the business segment “Exploration and Production”.

The program includes about thousands of topics distributed over five subprograms: research, development and engineering works, scientific and technological activities in the development and exploitation of oil and gas fields, scientific and technical activities in exploration, scientific and technological activities in assessing the resource base, functional scientific and technical work and services.