NewTech Services

NewTech Services (NewTech Services Holding Limited) is an international oilfield services company founded in 2009. The company operates in the oil and gas exploration and production industry in Russia and CIS, Europe, North and South America, Middle East. It has developed technology and expertise within 8 Product Lines managed under 4 Business Divisions. The Drilling Services Division offers a wide range of technology products including roller cone and fixed cutter drill bits, positive displacement mud motors, bottom-hole assembly and borehole-enlargement tools, and technologies. The Completion Systems Division provides services like single, dual, and multistage completions, open-hole and cased-hole well completion services and equipment. The Integrated Project Management Division offers comprehensive well planning and drilling services, engineering, logistics, and procurement. The Capital Equipment Division of NewTech Services markets bottom-hole assembly and completion equipment as well as provides post-sale services. The company is based in Russia and has not disclosed its last investment details.