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Petro Welt Technologies GmbH supplies technology and integrated project management for the oil and gas production industry in Russia and Kazakhstan. It offers well services and stimulation services comprising hydraulic fracturing, sidetrack drilling, and drilling and remedial, as well as auxiliary services. The company provides services representing low-cost possibilities to enhance the existing wells’ productivity or reactivate idle and/or abandoned wells. As of December 31, 2022, the company had three fracturing fleets. Petro Welt Technologies GmbH was founded in 1991 and is based in Vienna, Austria.
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