Petro Welt Technologies AG operates within the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Petro Welt Technologies AG with three other
Oil and Gas Field Services in Europe:
sales of 2.70 billion Norwegian Kroner [US$294.36 million]
of which 100%
was Offshore Support Services),
Rosetti Marino SpA
(253.89 million Euro [US$281.47 million]
of which 85%
was Oil and Gas), and
Ocean Yield ASA
based in Norway
(2.61 billion Norwegian Kroner [US$284.04 million]
of which 33%
During the year ended December of 2018, sales at
Petro Welt Technologies AG were 275.99 million Euro (US$305.97 million).
decrease of 21.8%
versus 2017, when the company's sales were 353.02 million Euro.
Contributing to the drop in overall sales was the 32.9% decline
in Drilling Sidetracking Ipm, from 165.20 million Euro to 110.89 million Euro.
There were also decreases in sales in
Well Service (down 16.4% to 154.21 million Euro)
However, these declines were partially offset by the increase in sales of
Proppant Production (up 233.6% to 10.89 million Euro)