July 24, 2017 1:20 AM ET

Energy Equipment and Services

Company Overview of Eurasia Drilling Company Limited

Company Overview

Eurasia Drilling Company Limited provides exploratory and developmental drilling, and oil and gas field services to companies in the Russian Federation, Iraq, and the Caspian Sea region. It operates through two segments, On-shore Drilling Services and Off-shore Drilling Services. The company offers onshore drilling services, including construction of production, exploration, and appraisal oil and gas wells, as well as other types of wells, including vertical, deviated, and horizontal wells. It also provides onshore workover services comprising well servicing; and workover of existing production oil and gas and other types of wells, as well as completion services for new production wells. In ...

No. 53, Mykonos Court

Aristide Charalambous 2

Nicosia,  1077


Founded in 2002

Key Executives for Eurasia Drilling Company Limited

Chief Executive Officer and Executive Director
Age: 62
Chief Financial Officer and Director
Age: 47
Chief Operating Officer
Age: 53
Senior Vice President of Offshore Operations
Senior Vice President of Onshore Operations
Age: 58
Compensation as of Fiscal Year 2017.

Eurasia Drilling Company Limited Key Developments

Eurasia Drilling Company Reports Earnings Results for the First Half of 2017

Eurasia Drilling Company reported earnings results for the first half of 2017. For the period, the company reported net profit of RUB 4.114 billion. Revenue was flat at RUB 31.405 billion. The sales profit fell 33% to RUB 5.692 billion, while pretax profit was up 10% to RUB 5.175 billion.

Saudi Arabia Reportedly Considers Investing In Eurasia Drilling

Saudi Arabia is reportedly considering investing in Eurasia Drilling Company Limited.

Alekperov Not Selling EDC Stake To RDIF Consortium

PJSC LUKOIL (MISX:LKOH) is not seeking to sell stake in Eurasia Drilling Company Limited (EDC) to a consortium that includes Russian Direct Investment Fund (RDIF), Vagit Alekperov, President of LUKOIL said.

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Recent Private Companies Transactions

July 20, 2017
June 1, 2017

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