The article deals with the higher petroleum engineering education in Mirny Polytechnic Institute (branch) of NEFU and oil and gas industry in the republic of Sakha (Yakutia), Russia. Yakutia possesses the largest oil and gas deposits in the Far Eastern district of Russia. The discovery and exploitation of petroliferous deposits resulted in the opening of Petroleum Engineering major in Mirny Polytechnic institute of NEFU. Specializing in the field of petroleum engineering, Mirny Polytechnic Institute’s portfolio of programmes has been specifically tailored to match the demands of the oil and gas province employment market. Today Mirny Polytechnic Institute is a prominent educational, scientific and cultural centre of Western Yakutia, always at the forefront of innovative education and research.