Drilling company "Eurasia" is going through hard times

17.10.2019       

Russia's largest drilling company "Eurasia" announced a decrease in drilling volumes in the first half of 2019. The sole shareholder of LLC "Drilling company "Eurasia" is a Cayman Islands registered Eurasia Drilling Company Ltd. The main shareholders of Eurasia Drilling Company prior to the buyout of minority shareholders by EACL were the CEO of Eurasia Drilling Company Ltd. Alexander Dzhaparidze (30.2%), Alexander Putilov (22.4%), and about 3% of the shares are controlled by the head of LUKOIL Vagit Alekperov. 2 million, while last year for this period had a profit of $90.2 million. Eurasia Drilling's revenue for the half year decreased by 17, 6%, net cash flow from decreased by 9%, The main asset of Eurasia Drilling Company is the drilling company "Eurasia" in the first half of the year reduced its net profit under RAS by a factor of three. (Neftegazservice-2019), which will open on October 30, 2019 at the InterContinental Moscow Tverskaya Hotel.

The prospects of independent oilfield service companies in the Russian market will be considered at the XIV annual conference "Oil and gas service in Russia" (Neftegazservice-2019), which will open on October 30, 2019 at the InterContinental Moscow Tverskaya Hotel.

The prospects of independent oilfield service companies in the Russian market will be considered at the XIV annual conference "Oil and gas service in Russia" (Neftegazservice-2019), which will open on October 30, 2019 at the InterContinental Moscow Tverskaya Hotel.