Service Companies & Manufactures

Offshore Drilling Market to Hit USD 122 Billion by 2032

With global energy security back in focus, the offshore drilling market is experiencing a significant resurgence. No longer seen as a legacy sector, it’s fast becoming a cornerstone of modern energy strategy particularly as deepwater reserves grow in importance and geopolitical pressure heightens the need for stable supply chains. According …

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Service Companies & Manufactures

New Oil Data Obtained in the Samara Region of the Russian Federation

Specialists from the geophysical company TNG-Group have gained new insights into the geological structure of the southern part of the Keremetyevskoye oil field. This has made it possible to identify drilling locations. The geological team was assisted by data obtained from seismic exploration conducted in the Chelno-Vershinsky District of the …

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Service Companies & Manufactures

From a Small Enterprise to a Diversified Company: Limited Liability Company TMS Group Has Been Operating in the Market for 20 Years

The management company of Limited Liability Company TMS Group celebrates its 20th anniversary. Any round date is traditionally considered a milestone, providing a reason to reflect on past achievements. While twenty years may not seem like a grand milestone in the conventional sense, it offers a meaningful opportunity to summarize …

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Conferences & ExhibitionsService Companies & Manufactures

BurServis Will Participate in the 27th International Exhibition and Conference “Oil and Gas of Uzbekistan – OGU 2025”

BurServis will take part in the annual industry exhibition and conference “Oil and Gas of Uzbekistan – OGU 2025,” which will be held from May 13 to May 15 in Tashkent. This event represents an important milestone for the company, providing an opportunity to showcase innovative technological solutions to a wide …

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Service Companies & Manufactures

Drilling Mud to Become a Data Carrier for Subsurface Information

Drilling Mud Transformed into a Real-Time Data Channel by Perm Polytechnic Researchers A team of scientists from Perm National Research Polytechnic University (PNRPU) has developed a groundbreaking technology that turns drilling mud into a data transmission channel, enabling the transfer of real-time information from deep within oil wells. This innovation …

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Service Companies & Manufactures

Halliburton’s Net Profit Drops Nearly Threefold in Q1

Halliburton Reports Nearly Threefold Drop in Q1 Net Profit U.S. oilfield services company Halliburton Co. saw its net profit fall nearly threefold in the first quarter of 2025, although its revenue exceeded analysts’ expectations. According to the company’s press release, net income for January–March totaled $204 million, down from $606 …

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Service Companies & Manufactures

TAGRAS Publishes 2024 Annual Report

TAGRAS has released its Annual Report for 2024, summarizing key results and performance indicators across production, finance, and operations both in Russia and internationally. The report also highlights the company’s growth plans, advancements in digital technologies, corporate governance achievements, and progress in social responsibility, industrial safety, and environmental protection. In …

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Service Companies & Manufactures

TAGRAS: Upgraded High-Tech Equipment for Reservoir Evaluation

Specialists from the TAGRAS geophysical division have successfully modernized a Chinese high-tech well logging (WL) system, optimizing the equipment’s specifications to meet current research needs. This initiative enabled the company to save over 300 million rubles. Replacing the Old System The Chinese-made system had been in operation since 2011. It …

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Service Companies & Manufactures

Successes and Achievements of Himprom Laboratories

Himprom recently held a successful internal scientific and practical conference titled “Successes and Achievements of Himprom’s Laboratories.” The event brought together specialists from all of the company’s laboratories to exchange experiences, discuss current challenges, and outline future directions for development. The conference featured a wide range of presentations covering various …

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Service Companies & Manufactures

A New Method of Thermal Extraction of Hard Oil Is Proposed

Water can be converted into steam at the bottom of an oil well for long–range delivery. Anatoly Zamri, General Director of the Intersectoral Expert and Analytical Center at the Union of Oil and Gas Industrialists of Russia, proposed a way to increase the efficiency of thermal methods in the extraction …

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