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Rosneft and Saipem signed a Strategic Cooperation Agreement

19 October 2017

Rosneft and Saipem SpA signed a Strategic Cooperation Agreement at the X Eurasian Economic Forum in Verona.

The document was signed by Rosneft  Chief Executive Officer Igor Sechin, and Saipem CEO Stefano Cao.

The Agreement provides for deepening of interaction of the parties in a number of areas including oil field services, localization of designing and engineering in Russia, cooperation for development of new technologies, possibility of creation of a joint engineering center.

Rosneft and Saipem will set up a joint working group which will develop the main commercial terms of cooperation in the areas  considered to be promising.

Rosneft Information Division
tel.: + 7 (499) 517-88-97
Thursday, October 19, 2017.

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.