News
We strive to give our readers a complete picture of what’s happening in the oil industry, helping you make informed decisions and stay up to date on key developments.

21.07.2026
From June 17 to 19, SibBurMash Presented Its Innovative PEGAS Technology at the NOVATEK Technology Week
Nikolai Markovtsov, First Deputy General Director of the company, spoke about the key advantages of the development: “The technology is unique in that it has no limit on the number of hydraulic fracturing (frac) stages, while wellbore accessibility is preserved. The retrievable collet is a fundamentally new mechanism: it does not damage the completion string components and, if necessary, allows for repeat fracturing operations.”
The technology delivers a significant economic effect: by reducing trip operations and eliminating an entire block of work involving additional equipment, the oil recovery factor increases. This lowers the cost of frac stages and accelerates well payback.
Practical results confirm the effectiveness of the solution: over the past year, more than 50 liners have been installed using the PEGAS technology within the perimeter of PJSC Surgutneftegas. SibBurMash is ready to conduct pilot industrial trials with all vertically integrated oil companies (VIOCs).
From June 17 to 19, SibBurMash Presented Its Innovative PEGAS Technology at the NOVATEK Technology Week
Nikolai Markovtsov, First Deputy General Director of the company, spoke about the key advantages of the development: “The technology is unique in that it has no limit on the number
Tyumen Enterprise to Launch Production of Control and Measuring Instruments
SibBurMash, a Tyumen-based company, has decided to launch the production of control and measuring instruments. For more than 30 years, the company has specialized in the development and manufacture of




