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Rosneft Signs an Agreement on Cooperation in Education & Training Domain with ONGC Videsh Ltd Being the Coordinator of a Group of Indian Oil and Gas Companies

15 October 2016

Rosneft and ONGC Videsh Ltd – being the coordinator of a group of leading Indian oil and gas companies comprising ONGC Videsh Ltd, Oil India Limited, Indian Oil Corporation, Indian Oil Corporation Limited, Bharat PetroResources Limited, and Hindustan Petroleum Corporation Limited – signed a cooperation agreement in the field of education & training at the BRICS summit. The documents were signed in the presence of the President of the Russian Federation Vladimir Putin and the Prime Minister of the Republic of India Narendra Modi.

The signed documents provide for possible training of the companies' specialists at the educational institutions of the Russian Federation and the Republic of India including corporate training centers, programs of higher and further education in the key areas of the oil and gas industry. In addition, the agreements envisage the exchange of knowledge and experience including the issues of technologies’ development in the oil and gas sector during meetings, conferences and joint round tables.

Commenting the agreement signed, Igor Sechin noted the increasing role of education in the development of oil and gas industry, and Rosneft interest in high-quality training for the joint projects of the companies.

NOTE FOR EDITORS:

Rosneft provides support for schools, colleges and universities in all major regions of its operations. Throughout many years, the Company and its subsidiaries closely and beneficially cooperate with 49 leading universities in Russia.

Innovative Development Program of Rosneft includes strategic partnership with universities, research centers and institutes of the Russian Academy of Sciences and foreign research organizations. The Company seeks to develop a robust succession pool, and today it takes care of those who will be employed in 5-10 years. Development of the Company's succession pool begins abroad - in secondary and professional educational institutions.

Rosneft Information Division
Tеl.: + 7 (499) 517-88-97
15 October 2016

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.