Newtech Services

NewTech Services (NewTech Services Holding Limited) is an international oilfield services company founded in 2009. NewTech Services Holding Limited supplies technology products and services to the oil and gas exploration and production industry in Russia and CIS, Europe, North and South America, Middle East. NewTech Services develops technology and expertise within 8 Product Lines. These Product Lines are managed under 4 Business Divisions. The company’s Drilling Services Division designs, manufactures, and markets roller cone and fixed cutter drill bits and positive displacement mud motors, bottom-hole assembly and borehole-enlargement tools and technologies, and impact tools; provides fishing and remedial services, as well as managed pressure drilling solutions. Its Completion Systems Division provides services comprising single, dual and multistage completions; open-hole and cased-hole well completion services and equipment, such as packers, safety valves, and expandable systems. The company’s Integrated Project Management Division offers well planning and drilling, engineering, supervision, logistics, procurement and contract management services. Its Capital Equipment Division markets bottom-hole assembly and completion equipment as well as provides post-sale services.