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Rosneft and SUEZ Groupe SAS sign Cooperation Agreement

25 May 2018

During the XXII St. Petersburg International Economic Forum, Rosneft and SUEZ Groupe SAS signed a Strategic Cooperation Agreement.

The document was signed by Andrey Shishkin, Rosneft Vice President for Energy, Localization and Innovations and Jean-Louis Chousad, Chief Executive Officer of SUEZ Groupe SAS.

The document provides for R&D cooperation between the parties aimed to develop competencies and institutional, intellectual, technical and technological infrastructure to support Rosneft enterprises in the area of water use, wastewater disposal and waste treatment.

In addition, the agreement provides for possible introduction of SUEZ technologies for oil and gas production, including innovative developments focused on enhanced oil recovery and treatment of produced heavy water at some fields of Rosneft.

Commenting on the signing of the agreement, Andrey Shishkin, Rosneft Vice President for Energy, Localization and Innovations, said: "Efficient and environmentally safe oil and gas production is only possible if the newest technologies are applied. In its work, Rosneft gives high priority to innovative development and actively uses the latest digital technologies in all areas of the company's business. We are pleased that the experience and competencies of SUEZ Groupe in the field of technology development are being used at Rosneft industrial sites."

Information Policy Division
Rosneft Oil Company
Tel.: + 7 (499) 517-88-97
25 May 2018

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.