OREANDA-NEWS. The Contract for supply of the local well casing equipment (OLKS) between TATNEFT-Regions Management Company Ltd. and a Saudi "Zamil" Group of companies was signed at the end of March, 2007.

This document provides for supply of the equipment for two wells of the Saudi Aramco Company, which were selected as candidates for testing the technology of the local well casing equipment developed by OAO TATNEFT in the nearest future.

This contract has resulted from the joint work of TATNEFT-Regions Management Company Ltd. experts, the Service Company "Vnedrenie" and TatNIPIneft Research and Design Institute aimed at promoting the equipment and the local casing technology to the new markets of the foreign countries.