EconomyGeotek plans to raise Eastern Siberia’s share of portfolio above 50%
Oilfield services company Geotek sees Eastern Siberia as a priority growth area and expects it to account for at least half of operations, up from about 40% now. CEO Roman Panov said the shift is driven by clients’ development pace in the region, with at least half of exploration activity expected to move there.
Geotek plans to raise Eastern Siberia’s share of portfolio above 50%