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Varel International Energy Services and NewTech Services (NTS) opened a drillbit manufacturing plant in Kurgan, Russia.
The new facility is at the heart of the Varel NTS joint venture, which aligns Varel's high technology engineering and manufacturing with the strength of NTS in drilling technology, infrastructure, market knowledge, and customer requirements.
Centrally located to facilitate rapid bit delivery across Russia, the Kurgan plant incorporates the most advanced global technologies and tools for manufacturing and servicing oil and gas drill bits for the Russian CIS market and beyond. Staffed with key personnel who trained at Varel manufacturing facilities in France, the Russian plant increases global Varel PDC drill bit production by approximately 20%.