September 29, 2016 9:14 AM ET

Energy Equipment and Services

Company Overview of OOO Burovaya Kompaniya Eurasia

Company Overview

OOO Burovaya Kompaniya Eurasia provides onshore oil and gas well drilling, construction, and workover services for various oil and gas companies in the Russian Federation, Siberia, and Kazakhstan. The company’s services include construction of exploration and development wells, drilling of horizontal and directional wells, conventional and under-balanced drilling, completion and testing of exploration and development wells, well workover services, sidetracking of existing cased wells, and drilling engineering and advanced technological drilling services. It also operates a fleet of drilling and workover rigs. The company was formerly known as OAO LUKOIL and changed its name to OOO Burovaya K...

40 bld. 2

Narodnogo Opolcheniya

Moscow,  123298


Founded in 1995


7 495 961 0252


7 495 961 0255

Key Executives for OOO Burovaya Kompaniya Eurasia

Chairman of The Management Board and President
Age: 57
Senior Vice President of Operations
Age: 60
Vice President of Technologies
Compensation as of Fiscal Year 2016.

OOO Burovaya Kompaniya Eurasia Key Developments

Burovaya Kompaniya Eurasia Announces Earnings Results for the First Half of 2016

Burovaya Kompaniya Eurasia announced earnings results for the first half of 2016. The company saw its IFRS net profit fall 17.8% year-on-year to RUB 2.7 billion in the first half of 2016. BKE's revenue grew 8.3% to RUB 31.9 billion in the first half. BKE's pretax profit dropped 21.8% year-on-year to RUB 3.4 billion in the first half.

LLC Burovaya Kompaniya Eurasia Reports Earnings Results for the First Quarter of 2016

LLC Burovaya Kompaniya Eurasia reported earnings results for the first quarter of 2016. For the quarter, the company reported increased net profit to Russian Accounting Standards (RAS) by 15% year-on-year to RUB 1.258 billion. The company's revenue rose 8.4% to RUB 15.158 billion. Operating profit nearly tripled to RUB 2.71 billion. Pretax profit was RUB 1.509 billion against RUB 1.366 billion a year earlier.

Lukoil May Take Stake In Burovaya Kompaniya

Public Joint Stock Company Oil Company LUKOIL (MISX:LKOH) may take a stake in OOO Burovaya Kompaniya Eurasia of Eurasia Drilling Company Limited.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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