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Oilfield Services Companies in Russia 2013

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Published By » RPI
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In 2010-2012 the Russian oilfield services market went through a phase of significant changes and is now developing dynamically. The trend originated from the oil and gas market being at a turning point as easy-to-access hydrocarbon reserves were exhausted and the need arose to develop hard-to-access reserves, which requires the application of innovative technologies and advanced equipment. As the market structure began to change the companies failing to meet the new challenges gradually left the market, making way for those more capable of innovative development. The trends of an ever changing competitive environment, so evident in the past few years, continue to dominate the market as the ... Click here for more details


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