VOLGABURMASH SIGNS A CONTRACT WITH PETROLEUM DEVELOPMENT OMAN
Volgaburmash has signed a contract with Petroleum Development Oman (PDO) for drill bits supply, and the first batch has already been shipped to the customer. This event was prefaced by successful trials of Volgaburmash bits.
Petroleum Development Oman is the largest oil and gas producer in the Sultanate of Oman, which accounts for over 70% of oil produced in the country and almost the whole production of natural gas. PDO is owned by the government of the Sultanate of Oman (60%), Royal Dutch Shell (34%), Total (4%) and Partex (2%).
Volgaburmash and Uralburmash are Russia’s largest companies producing rock-cutting tools