Tatneft became the owner of the oilfield service company TagraS-Himservice

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AK&M 16 May 2022 10:48

Tatneft became the owner of the oilfield service company TagraS-Himservice, which was part of the division of the TagraS group - "TagraS-RemService".

Earlier, the FAS granted six petitions of Tatneft for the acquisition of "TagraS-Himservice", "Mechservice-NPO", "NKT-Service", "KRS-Service", "TMS-Logistics" and "Tatburneft Management Company". 

Revenue of Tagras-Himservice in 2021 amounted to 1.3 billion rubles.

TagraS−RemService (formerly Tatneft-RemService) is a division of the TagraS Holding, a Russian company providing a full range of oilfield services for geological exploration, development and infrastructure development of the oil and gas industry.

TAGRAS Holding is a Russian oilfield services group formed in 2006. The structure includes 8 divisions and more than 70 enterprises that provide a full range of services for companies in the oil and gas industry.

PJSC Tatneft is one of the largest Russian vertically integrated oil companies, which dynamically develops oil and gas production, oil refining, petrochemistry, tire complex, gas station network, electric power industry, development and production of equipment for the oil and gas industry and a block of service structures.

Tatneft's profit under IFRS for 2021 increased by 93.9% to 198.88 billion rubles from 102.57 billion rubles a year earlier. Revenue from sales of non–bank transactions increased by 59% to 1.26 trillion rubles from 795.8 billion rubles, operating profit - by 86% to 256.8 billion rubles from 138.09 billion rubles.