OOO Burovoya Kompaniya Eurasia (BKE) is the largest onshore drilling contractor in Russia
Strategy
Our objective is to enhance EDC's position as the leading provider of drilling and workover services to the oil & gas industry in Russia and the CIS.
Our key strategic focus:
Increase our market share through both organic growth and accretive acquisitions
- Continue to invest in fleet expansion and upgrades
- Acquire in-house and/or independent drilling contractors where possible
- Leverage capacity and efficiency leadership to gain market share with existing customers
Diversify our customer base
- Target acquisition of businesses with diverse customer portfolios
- Differentiate ourselves from our competitors through superior service delivery
- Evaluate other strategic opportunities outside of Russia and the CIS
Expand our offshore drilling capability
- Commission new offshore drilling assets in response to market developments
- Consolidate the market through acquisition of existing assets where possible
- Develop offshore ERD drilling capability
Develop & improve our workover capacity
- Conclude integration of recently acquired workover assets within existing structure
- Target selected acquisitions of additional workover and sidetracking capacity
Broaden our technology platform
- Develop and promote strategic partnerships with global technology leaders
- Extend our lead in horizontal and underbalance drilling
