VBM in media

Oil Review Middle East 02-2010

Volgaburmash Invests to Build a Better Bit // Oil&Gas Eurasia

With global drilling at an all-time high, the demand for downhole tools - primarily drill bits - is bullish, and will remain so for the foreseeable future. Mikhail Sharnin, General Director of the Russian bit manufacturer Udmurtskie Dolota, says that the strong demand in Russia is being driven in part by the large number of new drilling contractors that have been established and are in need of high quality drilling equipment. While global equipment manufacturing has increased due to high oil prices, the market in Russia is even more dynamic because of the general restructuring of the industry's oilfield services businesses.

JSC VOLGABURMASH: New century - New technologies

JSC "Volgaburmash", Samara, Russia is the major oil-field drilling tools manufacturer for domestic and foreign markets. This was achieved due to special care for product quality and its technical level improvement, carrying out of international audits, considerable contributions to development and mastering of new designs and new technologies, purchase of the most advanced equipment and technologies, proper personal selection, arrangement, training and improvement of qualification. At present JSC "VOLGABURMASH" is among four leading world companies producing drill bits.