KTIB Holding

What KTIB Holding does

KTIB Holding is a privately held Azerbaijani group of oilfield services companies established in 2005 and headquartered in Baku. The group operates through wholly-owned subsidiaries including KTB Azerbaijan LLC, KTIB Kazakhstan LLP, KTIB F.Z.C (UAE), and the Core Technology Laboratory (CTL) in Russia. KTIB provides a vertically integrated portfolio of oil and gas drilling services and equipment to major international oil companies, national oil companies, and independent operators across the Caspian region (Azerbaijan, Turkmenistan, Georgia), Eurasian region (Russia, Kazakhstan), and the Middle East (Iraq, UAE).

The company's offering spans three business pillars. First, separate drilling services including directional drilling using rotary-steerable systems capable of 1500+ meter horizontal wells in abnormally high reservoir pressure fields, reaming services via Halliburton XR Reamer equipment, coring and core analysis using Halliburton DBS technology and proprietary coring methods (Oriented Core Sampling, Full Closure System, Sponge coring), and upper/lower completion and downhole equipment installation. Second, equipment supply covering drill bits (PDC and roller cone from Halliburton, Ulterra, Baker Hughes, NOV), core bits, downhole motors, liner hangers, whipstocks, fiberglass tubes, and the Resato high-pressure product line (HPU systems rated up to 14,000 bar). Third, IPM/ISM turn-key project management and the official distribution of GeoGraphix/LMKR geological intelligence software across Azerbaijan, Kazakhstan, and Turkmenistan.

KTIB monetizes primarily through tender-based professional services contracts and hardware/equipment sales to enterprise oil and gas operators, with revenue streams classified as professional services, hardware sales, managed services, and licensing/royalties. Pricing is not publicly disclosed and is established via project-specific quotations. The group's competitive positioning rests on long-tenured exclusive distribution agreements (notably Halliburton for the entire Caspian region since 2016), local production capabilities in Moscow/Ufa/Perm using Russian components to reduce landed cost, and 11+ years of qualified operational history including 65+ wells drilled in the most recent two years. KTIB holds ISO 9001:2015, OHSAS 18001, and ISO 14001:2008 certifications, and serves named Tier-1 customers including SOCAR, BP, Gazprom group entities, Yamal LNG, RN-Yuganskneftegaz, Arcticgas, PETRONAS Carigali, and Eni.

Name

KTIB Holding

Legal name

KTIB Holding

Website

https://ktibholding.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Support Activities for Oil and Gas Operations (213112), Support Activities for Mining (2131)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389), Drilling Oil & Gas Wells (1381)

akta.pro industry

PRIMARYEUALABAM

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Oilfield Services & Drilling (OFS)

SECONDARYEUALABAO

Inspection, Integrity & Testing Services (NDT, Well Integrity, Corrosion, QA/QC)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Oilfield Services & Drilling (OFS)

SECONDARYEUALABAN

OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Oilfield Services & Drilling (OFS)

Keywords

• Oilfield services
• Directional drilling
• Coring services
• Drilling equipment supply
• High pressure testing

Headquarters

HQ city

Baku

HQ country

Azerbaijan

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Oilfield Services: Comprehensive drilling and completion services including directional drilling, coring, reaming, and well completion services provided to major oil and gas companies
2. Equipment and Supplies: Supply of drilling equipment including drill bits, downhole motors, liner hangers, whipstocks, core bits, HPU units, and fiberglass tubes
3. IPM/ISM Services: Integrated Project Management and Integrated Service Management providing turn-key projects with drilling rigs and comprehensive technical, technological, logistical and administrative solutions
4. Software Distribution (GeoGraphix/LMKR): Official distributor of GeoGraphix software and LMKR services in Azerbaijan, Kazakhstan, and Turkmenistan with expert consulting services for exploration and production
5. Resato High Pressure Technology Distribution: Official distributor of Resato International B.V. products including components, commissioning, inspection, maintenance, calibration, training, spares, and rentals for high pressure systems up to 14,000 bar

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

KTIB Holding provides comprehensive oilfield services and equipment supply for upstream oil and gas operators. Core offerings include directional drilling with rotary-steerable systems, coring and core analysis, reaming, upper/lower completion and downhole equipment installation, IPM/ISM turn-key project management, and distribution of specialized technologies such as Halliburton coring products, Resato high-pressure testing systems (up to 14,000 bar), and GeoGraphix/LMKR geological intelligence software across Azerbaijan, Kazakhstan, Turkmenistan, Russia, and the Middle East.

Product overview

KTIB Holding is an oil and gas industry service provider operating as a platform of integrated services and products. The company offers directional drilling services, coring and core analysis, completion services, and serves as a distributor of specialized equipment including Resato high pressure testing systems (HPU-sep, BMS, RPS, MPS, HPU-CC, RBS, LTB, PPU), drill bits from Halliburton/Baker Hughes/NOV, GeoGraphix software, and downhole motors. Additionally, KTIB provides IPM/ISM project management services and manufactures technological equipment locally in Russia. The portfolio is organized around separate services (directional drilling, coring, completion), supply of drilling equipment and tools, and specialized high-pressure testing technology distribution.

Differentiator

Problem solved

Functional benefit

Brands

• Resato High Pressure Technology: High pressure components and systems up to 14,000 bar / 200,000 psi for well head control, BOP control, hydraulic test, gas test, and chemical injection units.

Products and services

• Directional Drilling Services Directional drilling services using high-tech equipment from leading manufacturers and rotary-steerable systems for drilling horizontal wellbores exceeding 1500 meters in length in fields with abnormally high reservoir pressure.
• Drill Bits (PDC/RC) Supply Supply and rental of PDC (Polycrystalline Diamond Compact) drill bits and roller cone bits for vertical, S-shaped, directional, and complex wells, sourced from manufacturers including Halliburton, Ulterra, Baker Hughes, and NOV.
• Reaming Services Reaming services using Halliburton's XR Reamer Hole Enlargement equipment for guaranteed reaming with reduced drilling mud flow and optimized drilling assembly performance.
• Coring & Core Analysis Services Coring and core analysis services including core sampling, processing, stabilization, gamma control, and specialized laboratory analysis using Halliburton DBS technology, provided via CTL subsidiary established in Russia.
• Upper & Lower Completion & Downhole Equipment Installation Engineering support, setup, and control for technological equipment installation including casing columns, liner hangers, hydraulic packers, inflow control systems, and hydraulic fracturing equipment.
• IPM, ISM (Integrated Project Management, Integrated Service Management) Comprehensive project management and integrated service management for drilling operations, providing technical, technological, logistical, and administrative solutions to minimize customer risks during well construction and operation.
• Geological Intelligence for Drilling (GeoGraphix) Official distribution of GeoGraphix software and LMKR services providing seismic data interpretation, data management, digitalization solutions, and workflow optimization for exploration and production needs.
• Resato High Pressure Technology Products Official distribution of Resato high pressure components and systems (up to 14,000 bar/200,000 psi) including well head control, BOP control, hydraulic test units, gas test units, chemical injection units, and components for testing completions, valves, vessels, and piping.
• HPU Unit (High Pressure Testing Systems) High pressure testing systems product family including HPU-sep (separated test control), BMS (mobile high-flow pump), RPS (portable power pack), MPS (portable mini pump), HPU-CC (computer-controlled automated system), RBS (gas booster pack), LTB (long test box), and PPU (containerized test bay) with pressures up to 7,000 bar.
• Whipstock KLEN System Whipstock system with hydraulic anchor for sidetrack operations without cementing, applicable in cased and open hole configurations, featuring window milling for one-trip operations.
• Liner Hanger System Comprehensive liner hanger product line including non-cemented retrievable, cemented, hydro-mechanical, and stage cementing liner hangers for various well completion requirements.
• Fiber Glass Tubes for Cementing and Coring Fiberglass tubes for cementing string pipe with tube length 7600-9200 mm, ID 60-108 mm, operating temperature from -60 to +150°C, equipped with steel or aluminum tapered thread ends.
• Core Bits Core bits from manufacturers including Petrotool, Halliburton, Baker Hughes, and Burservice, available for soft rock PDC, medium to hard rock PDC, fractured impregnated, and ultra hard abrasive applications.
• Downhole Motors Downhole drilling motors in dimensions 102-244 mm designed for vertical, directional, or horizontal drilling, equipped with carbide bushings, bearings, and high-torque working pairs.
• Local Production (Technological Equipment) Locally manufactured technological equipment, spare parts, and consumables for oilfield and primary cementing equipment using Russian components, with production facilities in Moscow, Ufa, and Perm.

Quantifiable outcome

• Drilled more than 65 wells in the last 2 years
• +2 more outcomes

Named customers22 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Resato International B.V.coreChannel Partner/ Reseller/ Distributor · 1 January 2009KTB Azerbaijan LLC, a member of the KTIB group, is the Official Distributor of Resato International B.V. in Azerbaijan since 2009. Resato is a world-leading manufacturer of High Pressure components and systems up to 14,000 bar / 200,000 psi. Products include wellhead control, BOP control, hydraulic test, gas test, and chemical injection units.
• Halliburton Energy Services Inc.coreChannel Partner/ Reseller/ Distributor · 1 January 2007Since 2007, KTIB is the distributor of Halliburton DBS coring products and since 2007 acts as the official distributor of Halliburton Energy Services Inc. on the territory of Azerbaijan Republic, and since 2016 is the exclusive representative on the territory of the entire Caspian region. Halliburton provides coring equipment and technology for CTL subsidiary operations.
• LMKR (GeoGraphix)coreChannel Partner/ Reseller/ DistributorKTIB group is the official distributor of GeoGraphix software and LMKR services in Azerbaijan, Kazakhstan, and Turkmenistan. Through partnership with LMKR, KTIB provides full suite of GeoGraphix programs alongside expert consulting services for exploration and production needs. GeoGraphix software delivers capabilities for seismic data interpretation.
• Halliburton (Contractor)minorImplementation/ SI/ Consulting PartnerHalliburton is engaged as a contractor for the installation of underground shutoff valves project in Russia alongside Weatherford.
• WeatherfordminorImplementation/ SI/ Consulting PartnerWeatherford is engaged as a contractor for the installation of underground shutoff valves project in Russia alongside Halliburton.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SOCAR AQS: SOCAR's drilling subsidiary operating in Azerbaijan and the Caspian region, providing drilling services, rig management, and well construction. KTIB supplies drilling tools and services to SOCAR AQS, making it the most direct functional peer in the Azerbaijani market.
• ERIELL Group: International oilfield services company headquartered in Russia with significant operations in Uzbekistan, Russia, and CIS countries, offering drilling, workover, and integrated services. KTIB provides comprehensive services to ERIELL in the Russian Federation, making it a closely comparable regional peer.
• Weatherford International: Global oilfield services and equipment provider offering drilling, evaluation, and completion services. Weatherford is both a contractor alongside Halliburton on KTIB's Russia shutoff valve project and a direct competitor for drilling tools and well construction tenders.
• Burservice: Russian-based core bits and coring services company supplying advanced core heads used alongside Halliburton, Baker Hughes, and Petrotool. Burservice directly competes with KTIB in coring services and supply across Russian and CIS oilfields.
• New Tech Services: Russian oilfield services company providing drilling, workover, and well intervention services primarily to Russian operators. Listed as a main KTIB customer in the Russian Federation and a closely comparable peer for directional drilling and equipment supply in Russia.

Regional players

• Caspian Drilling Company (CDC): Joint venture between SOCAR and major IOCs operating semi-submersible drilling rigs in the Caspian Sea. CDC is a regional peer competing for offshore drilling tenders in the same geography where KTIB provides drilling tools and directional services.

Broad incumbents

• Halliburton: Global oilfield services giant and KTIB's key technology partner (exclusive Caspian distributor). Halliburton competes with KTIB in many service categories globally while also enabling KTIB's premium positioning through its DBS coring technology and distribution rights.
• Baker Hughes: Global oilfield services and equipment company supplying drill bits, downhole motors, and drilling services. Baker Hughes is both a technology supplier to KTIB and a broad incumbent competing for the same drilling services and equipment tenders in CIS and Caspian markets.
• Schlumberger (SLB): World's largest oilfield services company offering drilling, completions, and digital E&P solutions. SLB competes with KTIB across directional drilling, drilling tools, and GeoGraphix-adjacent interpretation software across the Caspian and Eurasian regions.
• Saipem: Italian oilfield services and engineering company providing drilling, EPC, and offshore services. Saipem is both a disclosed KTIB customer in Kazakhstan and a broad incumbent competing for drilling and integrated project mandates in the Caspian and CIS regions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ktibholdingltd
• LinkedInlinkedin.com/company/ktib-sales

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KTIB Holding