On June 23, 2022, the Expert RA rating agency confirmed the creditworthiness rating of the non-financial company ISC Petroengineering LLC at the level of ruA-, the rating outlook is stable. This is stated in the agency's message.
LLC "ISC "Petroengineering" is a Russian oilfield service company, which is part of the Petroengineering group together with LLC "Petroengineering". Petroengineering LLC supplies equipment and components for oil and gas industry enterprises, including on the terms of commissioning and warranty service, and also purchases an insignificant part of chemicals and reagents for the company to fulfill contracts in the drilling fluids segment.
According to the reporting data of LLC ISC Petroengineering for 2021, according to IFRS standards, revenue amounted to 9.2 billion rubles, net profit – 1.0 billion rubles, the volume of assets at the reporting date amounted to 6.3 billion rubles, equity – 3.4 billion rubles.