Oil Service TagraS-Holding Earned 82 Billion Rubles in a Year
The revenue of the oil service holding “TAGRAS” (Almetyevsk) at the end of 2023 increased by 6% – to 82 billion rubles. Investments amounted to 6.7 billion rubles. The Devon News Agency learned about this from the materials of TagraS-Holding.
At the same time, the largest division, TNG-Group, earned 21.6 billion rubles. The Bugulma company is engaged in geophysical exploration of wells and seismic exploration.
Another major area is drilling, well repair and enhanced oil recovery services. In this area, the revenue of the TagraS-RS company increased from 15.6 billion to 17.9 billion rubles. Next comes Sistema-Service with 11.3 billion in revenue. The company is engaged in the production, rental and repair of oil submersible equipment.
In addition, TagraS-TransService earned 9.4 billion from transport and logistics services compared to 7.5 billion rubles a year earlier. For the engineering TMS-Group, this figure is estimated at 8.9 billion (a year earlier it was 11.4 billion – approx. Devon News Agency). Tatneftedor brought another 8.5 billion to TAGRAS. The latter builds and maintains roads.
During the year, TagraS-Holding paid 16.8 billion rubles in taxes and fees. Of this amount, 12.5 billion rubles. received by the federal treasury. 2.8 billion rubles were allocated to the consolidated budget of the Republic of Tatarstan. Another 1.5 billion rubles of taxes fell on other regions and states. TagraS-Holding operates in the Volga region, Western Siberia, Kazakhstan, Uzbekistan and India.
TagraS-Holding is engaged in oil and gas services and mechanical engineering. The group’s enterprises supply oilfield, deep-well pumping, power equipment, cables and wires, pipes, pipelines and other types of products.
“New developments within the framework of R&D, digitalization and reengineering of business processes meet our strategic goals,” commented Lenar NAZIPOV, General Director of TAGRAS. “Global diversification and international expansion are an important direction for business development.”
A year ago, Inform-Devon quoted the CEO of TagraS-Holding as saying that the company intends to offer new technologies to customers in friendly countries. For example, countries in the Middle East may be interested in technologies to intensify oil production. At the same time, TNG-Group should expand its work in India.
Lenar Nazipov also instructed TMS Group to continue international expansion by increasing the supply of pumping machines to Kazakhstan and building partnerships with Azerbaijan.
