May 21, 2018 8:40 PM ET

Energy Equipment and Services

Company Overview of OAO Izhneftemash

Company Overview

OAO Izhneftemash manufacture of oilfield equipment for oil and gas well drilling, infrastructure development and workover, and oil production. It offers oil production equipment, such as pumping units and subsurface sucker rod pumps; equipment for well repair and overhaul, including suspended tubing tongs and spiders, and fishing tools for external gripping; and multipurpose equipment, which include PCP drives, as well as pump units, centrifugal, and vertical solutions. The company also provides equipment for well cementing, stationary break out tongs, technologic oilfield equipment, and mud pumps and pump units; various spare parts; and press molds, dies, specialized production accessories,...

Ordzhonikidze St. 2

Izhevsk,  426063

Russia

Founded in 1956

Phone:

7 3412 68 91 91

Fax:

7 3412 68 92 12

Key Executives for OAO Izhneftemash

Executive Director
Finance and Economic Director
Investment, Development & Engineering Director
Executive Director
Personnel Director
Compensation as of Fiscal Year 2017.

OAO Izhneftemash Key Developments

Izhneftemash OAO Appoints Audit-Klassik Audit Firm OOO as an Auditor

On June 23, 2017, the shareholders of Izhneftemash OAO at the annual general meeting appointed Audit-Klassik Audit Firm OOO as an auditor to examine the company's financial statements for 2017, prepared in accordance with the Russian Accounting Standards.

Izhneftemash Plant Enhances Cooperation with Surgutneftegaz

Izhneftemash has executed another order for the supply of UNB2-250kh50K double-pump cementing units. Fourteen pieces of machinery have been supplied to Surgutneftegaz in 2016. The UNB2-250kh50K double-pump cementing unit has been engineered and manufactured with due regard for the client’s technical requirements. It is designed for injection of non-aggressive fluids and solutions in the course of cementing, hydraulic jet perforating, sand washing, and other washing and displacement jobs, as part of oil and gas well testing and workover. The UNB2-250kh50K (UNB2 -250kh50K) unit is equipped with two NTP-175 (NTP-175) high-pressure triplex plunger pumps that offer easy operation due to the interchangeability of its main assemblies and parts with other-type pumps. NTP-175 pumps can be used both combined and standalone, ensuring continuous well cementing.

OAO Izhneftemash, Annual General Meeting, Jun 24, 2016

OAO Izhneftemash, Annual General Meeting, Jun 24, 2016. Agenda: To consider the approval of annual report of the company, the annual financial statements, including profit and loss statement, for 2015, distribution of profit for 2015; to consider the election of the BoD of the company; to consider the election of audit commission; to consider the appointment of the auditor of the company; to consider the participation in non-profit partnership 'Monolit Designing Alliance; to consider the approval of an interested-party deal - a surety agreement with AK BARS Bank; and to consider the approval of interested-party deals, which may be concluded in future.

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Recent Private Companies Transactions

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