23
December
2024
TatProm-Holding Group expands its footprint in the Middle East
TatProm-Holding Group, a fast-growing Russian oilfield service company, and one of the leading agents of the United Arab Emirates – IETG Electrical Equipment Training LLC – O.P.C. – has signed a cooperation agreement for the supply of downhole equipment and services to Abu Dhabi National Oil Company (ADNOC), one of the largest oil and gas companies in the world.
In addition to strengthening partnership and mutually beneficial cooperation with one of the energy market leaders, the signed agreement will be a remarkable milestone in the development of the Group's operations in the Middle East.
TatProm-Holding Group places a heavy focus on expanding sales of its equipment and services in international markets, whilst viewing business development in the Middle East as a priority and considering it a strategic area.
Currently, the Group is actively evaluating the possibility of localizing equipment production in the MENA region in order to intensify cooperation with such companies as Petroleum Development Oman (PDO), Saudi Aramco, Sonatrach, and Egyptian General Petroleum Corporation (EGPC).
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