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Rosneft and Pietro Fiorentini Agree on Industrial Cooperation

17 May 2017

Rosneft Oil Company and Pietro Fiorentini S.p.A entered into an Industrial Cooperation Agreement during the visit of an Italian delegation to Russia. The document was signed by Rosneft CEO Igor Sechin and Managing Director Pietro Fiorentini S.p.A Paolo Nardi in the presence of Russian President Vladimir Putin and Italian Prime Minister Paolo Gentiloni.

The parties agreed to negotiate a contract for pilot testing of hydrocarbon production measuring equipment to be used in one of the Company's oil and gas fields during the winter period of 2017-2018. 

If the pilot trials prove to be successful, the parties will consider the prospects for further cooperation in localization of hydrocarbon production measurement equipment, as well as other products and services that may be of interest to the Company. 

For reference:

Pietro Fiorentini S.p.A is a world leader in high-tech equipment for the transportation of oil and gas.

 

Information Policy Division
Rosneft
Tel.: + 7 (499) 517-88-97
17 May 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.