FY2021 IFRS Accounts
March 24, 2022 – Delayed publication of FY2021 IFRS Accounts Borets International Limited (the “Company”) would like to announce that the publication of the consolidated
Borets Awarded Contract from PETROBEL
Dubai UAE – July 1, 2021 – Borets was awarded a $15.8M contract by PETROBEL, one of the largest companies working in the petroleum and energy sector in Egypt. Under the
Sawafi Borets Awarded Contract by Al-Khafji Joint Operations (KJO)
Khobar, Saudi Arabia, January 7, 2021: Sawafi Borets, LLC, a regional leader in the supply and service of electric submersible pump (ESP) systems, was awarded a multi-year contract
Borets Awarded Contract by Kuwait Oil Company
01 December, 2020 Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, was awarded a multi-year contract
Borets announced key localization investment in King Salman Energy Park (SPARK) Saudi Arabia
04 March, 2020 Borets International through its Joint Venture company Sawafi-Borets signed a key investment commitment with King Salman Energy Park (SPARK). Sawafi-Borets wi
Borets has been qualified for KOC Category A tender in Kuwait
30 April, 2018 Borets is proud to announce that it plans to expand its operations in Kuwait by participating in the upcoming KOC Category A tender for a potential of 450 ESP
Borets ESP Using Induction Motor Exceeds 100 Months Operation
15 February, 2018 A Borets’ ESP system, incorporating an Induction Motor (IM), has been continuously running for 100 months (8.3 years) in a well operated by Petrobras in
EBRD sells shares in Borets International
22 December, 2017 In December 2017 the EBRD exercised its put option and sold back its shares in Borets International, a leading global manufacturer of specialised electric
