FIDMASH

What FIDMASH does

FIDMASH (CJSC «FIDMASH») is a Belarus-headquartered, privately held industrial manufacturer specializing in coiled tubing and hydraulic fracturing equipment for the oil and gas industry, operating for 25+ years with a workforce of approximately 225 employees. Its core product portfolio spans coiled tubing units (from compact MK10T with 26,500 lbs injector pulling force to heavy-duty MK60M at 140,000 lbs), hydraulic fracturing fleets (2,500 HP frac pumps, blenders, hydration units, sand feeders, manifolds, data vans), twin-pump cementing units, liquid-to-gas nitrogen units, heated-fluid pumping units, blowout preventers and strippers rated to 15,000 PSI, and auxiliary equipment such as injector heads, spooling units, and wellhead platforms. The technical backbone is a family of proprietary injector heads (FM227-FM263) positioned as best-in-class for reliability in harsh oilfield environments, with equipment certified for operation across the Eurasian Economic Union (EEU).

Name

FIDMASH

Legal name

CJSC «FIDMASH»

Website

https://en.fidmash.by

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

FIDMASH is a Belarus-based manufacturer of coiled tubing, hydraulic fracturing, cementing, nitrogen, and pumping equipment, plus pressure control accessories, serving oilfield service companies and operators across 15 countries with full-cycle manufacturing, service, and SaaS monitoring.

Ownership category

akta.pro rank

Product category

Oilfield Service Equipment Manufacturing

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Pump and Compressor Manufacturing (33391), Fluid Power Valve and Hose Fitting Manufacturing (332912), Fluid Power Cylinder and Actuator Manufacturing (333995)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

akta.pro secondary industries

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG), Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses) (TLAKAHAI), Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH)

Keywords

• Oilfield service equipment
• Coiled tubing units
• Hydraulic fracturing equipment
• Well service machinery
• Pressure control equipment

Headquarters

HQ city

Minsk

HQ country

Belarus

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Sales: Sale of specialized oilfield service equipment including coiled tubing units, hydraulic fracturing equipment, nitrogen units, cementing units, pumping units, and pressure control equipment. Equipment is manufactured to customer specifications with various transport bases (truck chassis, semitrailer, skid design).
2. Service and Maintenance: Warranty and post-warranty service maintenance including periodic diagnostics, delivery of spare parts and wearing parts, current and field repair. Technical support provided 24/7 during entire operation period.
3. Spare Parts and Accessories: Wide range of spare parts and accessories from original parts to import components. Central spare parts warehouse and regional stock with local representatives.
4. Rebuild and Modernization: Capital repair and modernization of equipment including truck chassis diagnostics and rebuild. Prolongs equipment life after normative term has been worked out.
5. Fidmash-Online SaaS Service: Remote monitoring and data access service for equipment fleet. Provides real-time parameter monitoring, data file access, analytics, and reporting. Based on SaaS concept with web-interface accessible via browsers and mobile apps.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

FIDMASH designs, manufactures and supplies capital oilfield service equipment for upstream oil and gas operators and service contractors, including coiled tubing units, hydraulic fracturing units, nitrogen units, cementing units, pumping units, and pressure control equipment. The company complements its equipment portfolio with after-sales services (commissioning, maintenance, training, spare parts) and a digital-twin SaaS platform (Fidmash-Online) for remote monitoring and predictive maintenance of deployed units.

Product overview

FIDMASH is a leading manufacturer of coiled tubing and hydraulic fracturing equipment with 25+ years of experience. The company offers a comprehensive portfolio of oilfield service equipment including: Coiled Tubing Equipment (MK10T through MK60M units with pulling forces from 26,500 to 140,000 lbs), Cementing Units (twin pump configurations), Pumping Units (fluid heating and transfer), Nitrogen Units (liquid to gas conversion), Hydraulic Fracturing Equipment (frac pumps, blenders, hydration units, sand feeders, manifolds, data vans), Pressure Control Equipment (blowout preventers and strippers), and Auxiliary Equipment (injector heads, spooling units, towers). The portfolio is complemented by Fidmash-Online, a proprietary SaaS platform for real-time remote equipment monitoring and data analytics. FIDMASH provides full-cycle services including equipment maintenance, modernization/rebuild, operator training, and global shipping logistics.

Differentiator

Problem solved

Functional benefit

Brands

• Fidmash-Online: Remote access and monitoring service for FIDMASH equipment registered by its owners, providing control unit operating parameters, data file access, operating regime analysis, charts and operation reports via SaaS web-interface.

Products and services

• MK60M Coiled Tubing Unit Self-propelled/truck-mounted coiled tubing unit (MK60M model) used by oilfield service companies to run coiled tubing into oil and gas wells for well intervention, cleanout, stimulation support, milling, and other downhole operations.
• Hydraulic Fracturing Equipment Capital equipment for hydraulic fracturing (frac) operations on oil and gas wells, including pumping and high-pressure units designed for stimulation service companies and operators.
• Nitrogen Units Mobile nitrogen pumping/nitrogen unit skid used by oilfield service companies for well unloading, wellbore displacement, pressure testing, freeze operations, and stimulation support.
• Cementing Units Cementing units (skid/truck-mounted) used by oilfield service contractors to mix and pump cement slurry during well casing and zonal isolation operations.
• Pumping Units Pumping units (including high-pressure pumping units) used in well service operations such as acidizing, water pumping, and supporting stimulation and well-treatment jobs.
• Pressure Control Equipment Pressure control equipment (including blowout preventers, wellhead control assemblies and related components) used to safely manage wellbore pressure during well-intervention and service operations.
• Auxiliary Equipment / Injector Heads Auxiliary oilfield equipment including injector heads and related components that support coiled tubing, stimulation and well-service operations.
• Service & Maintenance After-sales field service, commissioning, scheduled and emergency maintenance of FIDMASH oilfield equipment for operators and service contractors to maximize uptime.
• Training Operator and maintenance training programs for FIDMASH equipment, delivered to oilfield service companies to ensure safe and effective use of the machinery.
• Fidmash-Online SaaS Platform Software-as-a-service platform providing digital-twin monitoring and predictive maintenance for deployed FIDMASH oilfield equipment, enabling customers to remotely track unit health, anticipate failures and reduce unplanned downtime.

Quantifiable outcome

• Over 450 units of premium technological equipment developed, built and commissioned in 25+ years of operation
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Freight Forwarding CompaniessupportingChannel Partner/ Reseller/ DistributorFIDMASH partners with freight forwarding companies for global equipment delivery. Transport options include railway, automobile vehicles, airways, and sea transport. Cost of shipment is specified for each delivery individually. Equipment is shipped from Belarus and is exempt from customs duties within the Eurasian Economic Union (EEU).

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Jereh Group: Chinese oilfield equipment and services company with fracturing, coiled tubing, and pressure pumping offerings — competes with FIDMASH in CIS and other emerging markets on price.
• Axon Energy Products: Manufacturer of pressure control equipment and wellhead systems serving oil and gas operators — a focused equipment peer with comparable pressure control / BOP technology overlap.
• Sichuan Honghua Petroleum Equipment: China-based oilfield equipment manufacturer producing coiled tubing units, fracturing fleets, and wellhead equipment — a low-cost equipment competitor increasingly active in CIS and emerging markets.

Broad incumbents

• Halliburton: Diversified oilfield services and equipment major with significant pressure pumping, coiled tubing, and cementing operations overlapping FIDMASH's fracturing and stimulation equipment offerings.
• Schlumberger (SLB): World's largest oilfield services company with full-spectrum coiled tubing, fracturing, cementing, and well intervention equipment and services — a broad incumbent that competes with FIDMASH across all of its core product lines.

Direct peers

• Weatherford International: Oilfield services and equipment provider with strong pressure control, well intervention, and coiled tubing operations that directly overlap FIDMASH's product range of BOPs, coiled tubing units, and intervention equipment.
• Forum Energy Technologies: Specialty oilfield equipment manufacturer producing pressure control, coiled tubing units, and intervention equipment — a focused, scaled equipment peer with a similar specialization profile to FIDMASH.
• NOV (National Oilwell Varco): Global oilfield equipment manufacturer with substantial coiled tubing units, pressure pumping equipment, and wellhead/pressure control product lines — the closest scaled peer to FIDMASH's equipment portfolio across intervention and stimulation categories.
• BJ Services: Pressure pumping and well intervention services company that operates coiled tubing and fracturing fleets — comparable in equipment type and oilfield service customer base to FIDMASH.
• Expro Group: Provider of well intervention, well testing, and pressure control equipment and services, with strong overlap to FIDMASH's coiled tubing and blowout preventer product portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@fidmash?si=hlAe4uzn0EaI9_D0
• LinkedInlinkedin.com/company/fidmash

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 FIDMASH