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Russian oil services holding may enter Azerbaijan's market

Oil&Gas Materials 15 November 2022 12:37 (UTC +04:00)
Russian oil services holding may enter Azerbaijan's market
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 15. The management of Russian Tatarstan's TAGRAS-Holding (oil services company) will visit Azerbaijan to discuss possible future projects, President of the holding, Lenar Nazipov, told Trend.

He added that from November 26 to 30, the representatives of the holding, as part of the Tatarstan delegation, will be in Azerbaijan, in order to present to the local business community with its product and service capabilities.

"We see the potential in Azerbaijan in several directions. The holding has effective solutions both for mining and for service companies in the oil industry. For example: isolation of complication zones using local well casing equipment or introduction of electric screw pumps with energy-efficient electric motors in wells with a high content of mechanical impurities," he explained.

"Moreover, Azerbaijani companies express interest in polycrystalline diamond bits of various diameters, which we manufacture," Nazipov said.

TAGRAS-Holding is the largest Russian oil field services holding. The Group consists of 8 divisions and 60 enterprises that offer a wide range of services for oil and gas companies.

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