PeWeTe Group

PeWeTe Group, founded in 1991 and formerly known as C.A.T. oil AG, is a key player in providing technology and integrated project management for the oil and gas production industry, primarily operating in Russia and Kazakhstan. The company is publicly traded under the ticker FRA: O2C. Its operations are structured across distinct segments designed to enhance oil and gas extraction efficiency and productivity.

The company's core business units include Well Services and Stimulation, Drilling, Sidetracking, and Integrated Project Management, and Proppant Manufacturing. Within these segments, PeWeTe Group offers specialized services such as hydraulic fracturing, multi-stage fracturing, cementing, and coiled tubing operations, aimed at boosting productivity from existing wells or reactivating idle ones. The Drilling and Sidetracking segment provides conventional and sidetrack drilling services, alongside comprehensive project management, including managing subcontractors for essential operations like measurement and logging while drilling. The company also produces critical materials like micro-proppant, ceramic proppant, and resin-coated proppant. With an employee range of 1,000-5,000 employees and operating from a single primary location, PeWeTe Group maintains a significant operational footprint. Meet PeWeTe Group's team to understand their leadership and operational expertise.

PeWeTe Group's product portfolio encompasses a range of oilfield services and proppant manufacturing capabilities, supporting the entire lifecycle of oil and gas production. As of December 31, 2021, the company's assets included 17 drilling rigs, 30 sidetracking rigs, and 18 fracturing fleets, underscoring its substantial operational capacity. Generating revenue of $249.9M, the company operates within the Architecture, Engineering & Design and Construction industries, focusing on delivering integrated solutionsView more...