Russia Oil Gas Magazine

The Moscow Institute of Thermal Engineering (part of the Roscosmos corporation) supplied the first domestic fleet for hydraulic fracturing (hydraulic fracturing) to the Khanty-Mansi Autonomous Okrug. Hydraulic fracturing technology is one of the main operations in the extraction of hard-to-recover oil reserves. “The Moscow Institute of Thermal Engineering Corporation, with …

Next year, US shale operators are expected to significantly reduce US drilling costs, Bloomberg reports. Private oil and gas operators will cut their budgets by an average of 4% to $34.4 billion in 2024, according to Barclays PLC’s annual global spending survey. The cuts, the biggest ever forecast by a …

Representatives of TAGRAS visited the Islamic Republic of Iran. The TNG-Group and Sistema-Service divisions took part in the business mission. The delegation was headed by the General Director of the Holding Lenar Nazipov. The main purpose of the visit is to visit the II International Exhibition “Eurasia” in Tehran, networking …

An award ceremony was held in Kazan for the enterprises that won the competition among republican commodity producers and service providers. Representatives of the Ministry of Industry and Trade of Tatarstan and the Chamber of Commerce and Industry of the Republic of Tatarstan took part in the celebration. This year, …

Nabors Industries Ltd. issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation (“NETC”), the special purpose acquisition company (SPAC) sponsored by Nabors, and Vast Renewables Limited (“Vast”). The combined company now trades …

Baker Hughes Holdings LLC, a subsidiary of the American oilfield services company Baker Hughes Co., has attracted a revolving credit line of $3 billion for a period of five years, the parent company said in a statement on the website of the US Securities and Exchange Commission (SEC). Baker Hughes …

Tatneftedor LLC prepared 309 units of automotive and specialized equipment for the maintenance of roads in nine municipal districts in the southeast of Tatarstan during the winter period. The total length of roads in the republic served by the road division of TAGRAS Holding exceeds 3,450 km, of which 207 …

US authorities have allowed Halliburton, Schlumberger, Baker Hughes and Weatherford to carry out transactions in Venezuela until May 16, 2024 The US Treasury has extended until May 16, 2024 the licenses of four international oil service companies that must complete their work in Venezuela. This also applies to working with …

The Directorate of the All-Russian competition of the “100 Best Products of Russia” Program has published the results of the 2023 competition. Technologies, developments and services of divisions of the oil service Holding “TAGRAS” received the titles of laureates and diploma recipients of the All-Russian competition. The laureates of the …

The TagraS-RS division of the TAGRAS Holding has introduced a technology that can significantly reduce the duration of derrick installation work – this is a drilling rig movement system, or slider. During cluster drilling, the slider allows you to speed up the repositioning of a mobile drilling rig on skis …