Belorusneft to service oil wells in Russia's Far North

In line with the contract signed with Arktikgaz Belarusian specialists have started service maintenance of oil wells in the Urengoy oil and gas condensate deposit in Russia’s far north, the press service of the Belarusian industrial group Belorusneft reports. Specialists believe the event is a landmark one. Up till recently Belarusian companies could reach foreign markets of oil industry services only via its own branches or by setting up joint ventures. At present those Belorusneft divisions, which are based in Belarus, are getting gradually involved in export operations. The trend increases the number of foreign trade participants of the industrial group, allows the divisions to expand their business and establish direct cooperation with major oil companies.

The Belarusian industrial group Belorusneft specializes in the surveying, prospecting and development of oil fields, well drilling, oil and associated petroleum gas extraction in Belarus and a number of other countries, including Russia, Ukraine, and Venezuela.