«PetroEngineering»
Innovative Service Company
About

About the Company

PetroEngineering Innovative Service Company is a specialist engineering service provider in the area of oil and gas well drilling techniques and technology.
Our Mission
To continuously improve oil and gas well drilling techniques and technology and enhance operational performance and safety.
Основная цель Компании
Our Goal
To achieve the leading position in the Russian market by developing and applying innovative solutions in the oil & gas sector.
Численность сотрудников
The company employs 1,500 people, most of whom are engineering personnel. Some of our employees have scientific degrees and some – good standing in the scientific community.

Collaboration between experienced field production professionals and leading scientists leads to high standards of business and operational performance and workmanship in oil and gas well site construction across various geotechnical and geographical environments. This approach enables our team to steadfastly move forward towards the set goal.
We are fully committed to supporting and developing cooperation with a host of institutions and universities, including the Gubkin Russian State University of Oil and Gas, Ukhta State Technical University, KogalymNIPIneft, PermNIPIneft, VNIIFTRI, etc.
Geography of Operations
PetroEngineering Innovative Service Company has branch offices located in Kogalym (Khanty-Mansiysk Autonomous Area, Yugra), Usinsk (Komi Republic) and Perm, separate business units in the Ural-Volga region, Western and Eastern Siberia, its own research laboratory, as well a PDC bits manufacturing facility in Samara. It owns and operates several repair workshops for downhole hydraulic motors and its own DHM fleet. The company deploys over 150 engineering service support stations at gas and oil fields both in and outside Russia.
Company Presentation
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Development Strategy
Organic growth for all services and development of priority areas
Organic business growth by expanding the order book;

Investment into the development of priority areas by integrating high-tech equipment and advancing technology.
Focus on innovation and efficiency
Upgrade of production facilities;

New design engineering & production and manufacturing of spare parts at its own facilities;
Personnel performance improvement.
Benefiting from import substitution opportunities
The long-term import substitution policy backed up by the Russian government, including the oil industry, sustains the hope for the acquisition of preemptive rights and privileges as a result of tenders conducted by mining operators and directly as a result of operations.

Understanding customers’ interests
One of the few independent Russian companies capable to provide the full range of ‘turnkey’ oilfield services, giving an edge over the main rivals;
Tailored solutions allowing for specific field parameters that can be put together by R&D investments.

Offering high added value services
Building up on the high value-added and high quality basic service portfolio (e.g. the entire range of horizontal drilling services);
Breaking into new Russian markets, including East Siberia; penetrating overseas markets, including Cuba, Vietnam, and also CIS nations;
Participating in support projects for offshore well construction.