Uralvagonzavod to unite Russian oil service companies

The Russian Government will create a National engineering service company (NISK) for the production of oilfield service equipment on the basis of Uralvagonzavod (UVZ). The joint venture based on UVZ will initially include several big players: Rimera, Geotekh and OMZ; in the future, it’s planned to unite more than 200 independent companies.

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