The agreement provides for joint work on improving chemical methods of enhanced oil recovery.
It will lay the foundation for best practices exchange and collaboration in lab research, as well as for studies of surface-active agents and production stimulation chemicals.
The companies plan to join their efforts to develop national production of chemical agents and equipment for manufacturing of surfactant-polymer and polymer solutions for oil recovery enhancement.
They also aim to test and introduce new chemical compounds when developing mature reserves at their fields.
LUKOIL and Gazprom Neft will also evaluate prospects for creation of competence centres that would apply innovative equipment to select surfactant and polymer formulae.
LUKOIL develops hard-to-recovery oil reserves at the Imilor field in Western Siberia, the Usinskoye and Yarega fields in the Komi Republic and other projects.