Press Releases and Articles
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
Borets strengthens its presence in the Middle East by opening a new ESP Service Center in Sultanate of Oman
29 October, 2017 Borets opened a new ESP Service Center in the Sohar Industrial Estate on October 29, 2017. The facility will assemble and service electric submersible pump
Borets Acquires New Operations Facility in Midland, Texas
27 February, 2017 HOUSTON (February 27, 2017) – Borets, a player in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has purch
Borets successfully installed first PMM-ESPs in Egypt
11 April, 2016 This month Borets has completed six successful installations of innovative PMM-ESPs in Egypt to provide customers with most high-performance tool to maximize
Borets introduces revolutionary WR2 ESP System for harsh well conditions
30 March, 2016 Borets, which provides engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has recently launched high-speed Wide Range W
Borets introduces successful Axiom II VSD to North America
19 October, 2015 Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully introduced its AXI
Borets introduces successful PMM-PCP technology to North America
27 July, 2015 Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully conducted a North Ame
Borets Product Quality Is Now Recognized In Europe
27 June, 2012 Borets main product nomenclature certification procedure for the compliance with the requirements of the EU regulating documents was completed in April 2012.
Borets Offers New Artificial Lift Solutions
12 June, 2012 Borets engineers attended the 9th International Conference Artificial Lift 2012 in late April. The Conference, one of the most remarkable events in the oil & gas
Expansion of Borets R&D Center in Tulsa, USA
14 January, 2013 Mid January 2013, a presentation on expansion of the R&D center was made at the Borets HQ in Tulsa, OK attended by representatives of the local busines
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Press Releases and Articles
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
Borets strengthens its presence in the Middle East by opening a new ESP Service Center in Sultanate of Oman
29 October, 2017 Borets opened a new ESP Service Center in the Sohar Industrial Estate on October 29, 2017. The facility will assemble and service electric submersible pump
Borets Acquires New Operations Facility in Midland, Texas
27 February, 2017 HOUSTON (February 27, 2017) – Borets, a player in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has purch
Borets successfully installed first PMM-ESPs in Egypt
11 April, 2016 This month Borets has completed six successful installations of innovative PMM-ESPs in Egypt to provide customers with most high-performance tool to maximize
Borets introduces revolutionary WR2 ESP System for harsh well conditions
30 March, 2016 Borets, which provides engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has recently launched high-speed Wide Range W
Borets introduces successful Axiom II VSD to North America
19 October, 2015 Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully introduced its AXI
Borets introduces successful PMM-PCP technology to North America
27 July, 2015 Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully conducted a North Ame
Borets Product Quality Is Now Recognized In Europe
27 June, 2012 Borets main product nomenclature certification procedure for the compliance with the requirements of the EU regulating documents was completed in April 2012.
Borets Offers New Artificial Lift Solutions
12 June, 2012 Borets engineers attended the 9th International Conference Artificial Lift 2012 in late April. The Conference, one of the most remarkable events in the oil & gas
Expansion of Borets R&D Center in Tulsa, USA
14 January, 2013 Mid January 2013, a presentation on expansion of the R&D center was made at the Borets HQ in Tulsa, OK attended by representatives of the local busines
