NIIT Awarded Managed Training Services Contract - Statoil ASA

Atlanta, GA June 8, 2015 NIIT Limited, a leading provider of managed training services announced today that it has been awarded a five to ten-year contract to provide managed training services to Statoil, ASA, a Norwegian multinational oil and gas company, headquartered in Stavanger, Norway.

With this contract, NIIT's Corporate Learning Group will provide comprehensive managed training services for a period of ten years, renewable after the first five years. NIIT shall run Statoil's core operations for learning and competence administration and learning technology support, with options to buy additional services from NIIT's comprehensive suite, namely learning and competence advisory, content development, and strategic sourcing (aggregator services).

After a successful partnership between Statoil and NIIT for over the last five years, NIIT has now outcompeted some of the world's top companies in this space on both quality and cost. Statoil and NIIT are already planning the details of how they will build an even stronger partnership through this new contract. 

"We are honored that Statoil has selected NIIT as its main provider of Managed Training Services. Winning this competitive tender is not only a reinforcement of the work we have done with Statoil over the past five years but also bears testament to the fact that leading companies in the world can trust NIIT to deliver the highest quality and value of learning outsourcing services," said Sapnesh Lalla, President, NIIT Corporate Learning Group.

About Statoil

Statoil is an international energy company with operations in 37 countries. Building on more than 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway with approximately 23,000 employees worldwide, and are listed on the New York and Oslo stock exchanges.

About NIIT

Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 40 countries.

NIIT has three main lines of business across the globe- Corporate Learning Group, Skills and Careers Group, and School Learning Group.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. Our comprehensive suite of Managed Training Services includes Custom Curriculum Design and Content Development, Learning Administration, Learning Delivery, Strategic Sourcing, Learning Technology, and Advisory Services. With a team of some of the world's finest learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D, reduce costs, realize measurable value, benefit from rock-solid operations, and increase business impact.  

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