Drills for oil and gas
C.A.T. Oil AG engages in the provision of oil and gas field services in Russia and Kazakhstan.
It operates through the Well Service and Formation Evaluation segments.
The Well Service segment comprises the activities sidetrack drilling, hydraulic fracturing, and services such as workover, remedial cementing, and coiled tubing.
The Formation Evaluation segment involves exploratory services such as 2D and 3D seismic imaging.
The company was founded by Volkmar Schütze and Hans Joachim Mundhenk in 1991 and is headquartered in Vienna, Austria.