ofs

It is important, for many reasons, to understand the global strategic context for an OFS company. One of the key reasons is that the oil and gas industries are becoming increasingly multinational, LNG adds significantly to the globalization of the sector. Hence stakeholders must take the interconnectivity of the markets …

The oil and gas industry of Kazakhstan has shown an unprecedented pace of growth over the last 10 years. Thus, in 2001-2012 oil production nearly doubled (from 39.3 to 79.2 million tons), while gas production increased by nearly 3.5-fold (from 11.6 to 40.1 bcm). By 2020 the country’s oil production …

Vadim Kravets The past year, 2012, was significant for the Russian oilfield services market in light of two trends. On the one hand, the nascent technological breakthrough in service offerings continued full-on: horizontal drilling and related services have become virtually commonplace, while well workover and logging applications have become more …