DTEK, Ukraine’s largest private energy company owned by Rinat Akhmetov, has signed an agreement to partner with US company Turbo Drill Industries (DBA “Scout”) to introduce advanced American drilling technology in the market and increase the country’s oil and gas production.
This marks the first cooperation of its kind between a Ukrainian company and Turbo Drill Industries. The technology is expected to significantly improve drilling speed and efficiency, making projects more economically viable across Ukraine’s oil and gas sector.
DTEK Oil&Gas, the country’s largest private gas producer, will become the sole authorised provider of Turbo Drill Industries’ Vertical Scout technology in Ukraine.
Ihor Shchurov, CEO of DTEK Oil&Gas, said:“Ukraine has the second largest gas reserves in Europe and DTEK is working constantly to fully realise this potential as quickly as possible. Our partnership with Turbo Drill Industries brings worldclass American technology to Ukrainian gas producers, enabling faster, safer and more costeffective drilling. This will strengthen our energy independence and reinforce Ukraine’s role as an increasingly important energy partner for Europe.”
Vertical Scout is a robust mechanical drilling system, designed to stabilise well trajectory from the early stages of drilling, significantly reducing technical risks and financial costs. The system can deliver up to 30% cost savings compared with conventional rotary steerable systems.
Under the agreement, the technology can be deployed without permanent presence of foreign specialists, allowing operations to continue reliably despite wartime and logistical constraints.
