Petro Welt Technologies AGFRA Petro Welt Stock Report

Petro Welt Technologies AG engages in the provision of oil and gas field services. The company is headquartered in Wien, Wien and currently employs 3,131 full-time employees. The company went IPO on 2006-05-04. The firm provides well services for new, as well as existing oil and gas formations with focus on Russia and the Commonwealth of Independent States (CIS). Its service portfolio comprises hydraulic fracturing, multi-stage fracturing, remedial cementing, drilling, sidetracking and integrated project management. The firm also leases equipment and spare parts and operates through numerous subsidiaries, including KATKOneft, KATOBNEFT, KAToil-Drilling, Petro Welt Technologies AG GEODATA GmbH, Petro Welt Technologies AG Leasing, Trican Well Service Kazakhstan Ltd and Petro Welt Technologies AG Trading House.