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 countries, Europe, Middle East, North and South America.
NewTech Services develops technology and expertise within 4 Business Divisions: Drilling Services, Completion Systems, Integrated Project Management, Capital Equipment Sales. 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, 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 seismic survey equipment, bottom-hole assembly and completion equipment as well as provides post-sale services.
NewTech Services Holding Limited comprises of a number of original equipment manufacturers including Hydrobur-service, Varel NTS, Frontier Oil Tools, Frontier International, Frontier MWD Systems, Remote Measurement Systems Limited, Wolverine Oilfield Technologies. The company has offices in Russia, Belarus, Kazakhstan, Azerbaijan, Ukraine, Venezuela, Argentina, Serbia, Saudi Arabia, Oman, the USA and the UK with the headquarters in Moscow, Russia and Houston, USA.