The TAGRAS Holding Division Is Mastering The Production Of Import-Substituting Products
With government support, TNG-Group is developing an analogue of Schlumberger MDT equipment, a drill rod drive for oil refineries and parts for the bottom drum of submersible equipment for galvanizing lines. As part of the decree of the Government of the country, which gives supplier companies the opportunity to modify …
TAGRAS Invested About 1.1 Billion Rubles In Social Programs And Charity
In 2023, the Holding allocated 150 million rubles to charity. The volume of investments in social support for workers and their families amounted to 850.9 million rubles. The priority is to improve the standard of living of all categories of employees of the Holding’s enterprises: from young professionals to retirees. …
Lenar Nazipov: Entering New Markets Is One Of The Development Priorities Of TAGRAS
The General Director of the TAGRAS Holding shared plans for developing the international market, voiced the competitive advantages of the oil and gas service group and spoke about the countries interested in the Holding’s presence on the world stage. – Lenar Limovich, the Holding is one of the leaders in …
TAGRAS Invested 6.85 Billion Rubles In R&D And Development
In 2023, the holding invested 6.7 billion rubles in production and material and technical base, and 150 million rubles in R&D. TAGRAS annually invests heavily in its renewal and development, as well as in R&D. General holding expenses on science and technology almost doubled in the reporting period. As the …
The Geophysical Division Of TAGRAS Holding Is Increasing Business Ties In Venezuela
TNG-Group entered into an agreement with PDVSA PETROMIRANDA for the re-processing of seismic data using parameters obtained from vertical seismic profiling. The Holding’s division already has successful experience in the Latin American region. In 2014, TNG-LenGIS specialists in Cuba conducted a number of studies, including testing formations on pipes. “We …
TAGRAS Increased Labor Productivity By 14.3% And Achieved Annual Revenue Of 82 Billion Rubles
In 2023, TAGRAS Holding increased labor productivity by 14.3% compared to the 2022 level. The average figure for the Holding was 4.8 million rubles/person. The annual revenue of TAGRAS reached 82 billion rubles, and the total volume of work increased by 6%. The reporting year allowed the Holding to achieve …
Oil And Gas Companies Of The Russian Federation Spent 2.7 Trillion Rubles On Service Work Over The Year
The costs of Russian mining companies for oil services in 2023 increased by 12% Companies in the oil and gas sector of the Russian Federation in 2023 allocated about 2.7 trillion rubles as expenses for service services. This is almost 12% more than in 2022, writes Interfax with reference to …
Expro to Enhance Well Construction and Well Intervention & Integrity Offerings With Acquisition of Aberdeen Scotland-based Coretrax
Expro, a leading provider of energy services, today announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, from an investment group led by …
Baker Hughes Increased Quarterly Dividends By 5%
American oil service corporation Baker Hughes Co. (SPB: BKR) increased its quarterly dividends by 5% to $0.21 from $0.20 per class A share. According to a company press release, payments will take place on February 23. The closure of the register of shareholders is scheduled for February 13. Baker Hughes …
Weatherford Announces Fourth Quarter and Full Year 2023 Results
Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior year, driven by international revenue growth of 26% Fourth quarter operating income of $216 million decreased 1% sequentially and increased 28% year-over-year; full year operating income of $820 …