One of the leading independent companies

An Austrian public company Petro Welt Technologies AG, Frankfurt Stock Exchange listed, is one of the leading independent oilfield service companies in Russia and Kazakhstan.
Mission and strategy
Mission and strategy

Our aim is to satisfy the world’s ever growing hunger for energy by increasing the production of hydrocarbons and making the best possible use of oil & gas wells. Ongoing uncertainties and rising tensions in oil producing countries, mostly in the emerging regions of the world, have contributed to the focus shift of the oil & gas production to safer regions like Russia and the CIS.

History
History
1991
Since the company was founded in 1991, С.A.T.oil AG (later - Petro Welt Technologies AG) has built up a leading position in hydraulic fracturing in Russia and Kazakhstan, and emerged as a reliable and recognized business partner.
2006
Following its Initial Public Offering in 2006, it created a second mainstay of its service offering in just two years i.e. sidetrack drilling. In this way, С.A.T.oil AG (later - Petro Welt Technologies AG) has been able to expand and consolidate its strong presence on the Russian market.
2011
In 2011/2012, С.A.T.oil AG (later - Petro Welt Technologies AG) initiated the next phase of its targeted growth and diversification strategy by developing conventional drilling as the third cornerstone of its business. In addition, it also renders cementing and completing services.
2015
The year 2015 brought С.A.T.oil AG (later - Petro Welt Technologies AG) a new, stable ownership structure and a professionally experienced top management designed to further develop the company with the aim of a continuous creation of value. In 2015, the С.A.T.oil group (later - Petro Welt Technologies AG) had a staff of more than 3,300 employees, most living and working in Russia and Kazakhstan.
Members
The current members of the Supervisory Board appointed on 25 February 2015 are elected to the Supervisory Board until the close of the Annual General Meeting resolving on the formal approval for the 2016 financial year.
Maurice Gregoire Dijols
Maurice Gregoire Dijols
Remi Paul
Remi Paul
Ralf Wojtek
Ralf Wojtek
All matters of fundamental or significant importance require the approval of all members of the Management Board.
Yury Semenov
Yury Semenov
Valeriy Inyushin
Valeriy Inyushin
Corporate Governance Report
Corporate Governance Report
Corporate governance is of high importance to Petro Welt Technologies AG beyond its obligations to fulfil the requirements of the applicable legal regulations.
Declaration of Compliance
Declaration of Compliance
Petro Welt Technologies AG is committed to the recognized principles of corporate governance. As a foreign issuer on the Frankfurt Stock Exchange with headquarters in Austria, Petro Welt Technologies AG resolved, in accordance with the Austrian Corporate Governance Code, to apply the German Corporate Governance Code. The Annual Declaration of Compliance pursuant to the German Stock Corporation Act (AktG) is an essential part of the German Corporate Governance Code.
Development of the PeWeTe Group
Development of the PeWeTe Group

2015 was a defining year for Petro Welt Technologies AG, a year in which the foundation was laid for the further development of the corporate group. In spite of extremely challenging economic conditions, the Petro Welt Technologies Group led by a new management team developed satisfactorily, both in terms of its operating business as well as from a financial point of view.

Contacts
Contacts
Petro Welt Technologies AG
  • Address: Kaerntner Ring 11-13 A-1010 Vienna, Austria
  • Phone: +43 1 535 23 20-0
  • Fax: +43 1 535 23 20-20
  • Email: ir@pewete.com
«Petro Welt Technologies» LLC
  • Address: 4, building 1, 2nd Kazachiy pereulok, Moscow, Russia, 119180
  • Phone: +7 495 780-73-27
  • Fax: +7 495 780-73-27
  • Email: pwt@pewete.com
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