Gulf Drilling International

Gulf Drilling International Limited (GDI) was established in May 2004 as a joint venture between QatarEnergy and Japan Drilling to create Qatar’s first provider of onshore and offshore drilling services for the oil and gas industry. The company became 100% Qatari-owned in 2014 under parent company Gulf International Services,

As of 2024, GDI’s fleet comprises:

• 12 offshore rigs
• 7 land rigs
• 1 jackup accommodation barge
• 2 self-propelled lift boats.

The company’s support infrastructure for its operations includes warehousing for spares and consumables, workshop facilities for repairs and maintenance, onshore cranes and articulated vehicles, and onshore accommodation camps with capacity for about 1,000 crew and management.

GDI executes drilling contracts on a standalone basis and in partnership or joint venture arrangements with other providers, using its owned fleet or chartered rigs under operating leases. The company has completed work to support the E&P efforts of customers such as Shell, Dolphin Energy, North Oil Company, QDP and QatarEnergy.

The company has the largest rig fleet of its kind in Qatar and one of the youngest asset bases among its peers in the Qatari market. The company benefits from economies of scale and is one of the top domestic providers of drilling services, both onshore and offshore. In 2024, GDI registered revenues of USD 488 million and net profit of USD 69 million.

GDI’s strategy focuses on executing core rig and work barge opportunities to increase return on assets, implementing continuous internal improvement and seeking greater in-country value through selected business opportunities.

Company website: www.gdi.com.qa