Burservice acquired control of a supplier of oil and gas equipment. The newspaper Kommersant writes about this.
JSC Burservice, which controls the former assets of the American Halliburton in Russia, has become the owner of 51% of the manufacturer of oil and gas equipment Ufaburmash. Mikhail Danilov owns another 49% of the company.
Ufaburmash supplies the PDC drill bit, drilling shoes, elements of drill strings and pumping and compression pipes, and emergency tools.
Burservice is an independent Russian group of companies, one of the players in the oilfield services market with its own fleet of equipment, production facilities and a team of more than 4 thousand people.
In 2024, the revenue of the Burservice increased by 21.1% to 47.86 billion rubles, net profit — by 17% to 14 billion rubles.
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