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Companies |
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Gulf Petroleum Investment Company K.S.C.C. (www.gupico.com) |
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The Gulf Petroleum Investment Company (GPI) was established in 1998 and is a Kuwait-based provider of engineering, maintenance, technical and other specialized services and products related to the oil and gas industries.
GPI is Kuwaiti closed shareholding company as a part on International Investment Group and have been listed in Kuwait Stock Exchange on June 14th 2005 and Dubai Stock Exchange on September 10th 2007
GPI’s mission is to achieve an administrative, economic and social framework which efficiently and effectively facilitates safe, environmentally friendly, socially responsible and profitable reservoir development and management. Its intention is to be recognized both locally and internationally as the premier representative of the Oil and Gas services industry in the Middle East and North Africa regions. Current operations involve a variety of petroleum areas, such as offshore drilling, and petroleum consultancy. The company is now entering a period of active business expansion, increasing revenue by focusing on a host of new services including oil well engineering and field implementation, reservoir management, monitoring and optimization, and crude oil and petroleum trading.
GPI operates through its subsidiary:
Pyramid Drilling International - PDI |
Pyramid Drilling International is a drilling contractor company set to serve the international Oil industry by providing the most advanced drilling rigs for offshore and onshore operations. It is 100% owned by GPI and the company’s roots reach back to 1977. |
| Pyramid owns four fleets: |
Bennevis: It currently provides services for the PETZED. The Bennevis is an offshore Mercury class, self propelled jack-up rig rated for drilling in water depths up to 250 feet with 2000hp. It has very high performance record .The machine operated in Europe, North Sea, US Gulf of Mexico and the Mediterranean. During its operation, and in particular during last 5 years, it has earned over 4 professional awards and certification. It has satisfied all the ABS criteria and received certificates from IADC.In 2007 Bennevis completed 21 years without lost time accident (LTA).
PD1, PD2 and PD3: These are onshore fleet rigs with 1000, 1500 and 2000hp respectively currently operating in Egypt. |
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Kuwait International Oil & Environmental Co (KIOEC) (www.kioec.com) |
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Founded in 2000 with capital of US$15 million, this company is involved in oil exploration, in addition to acting as a consultancy on behalf of oil, non-oil petroleum and environmental concerns.
In April 2007 KIOEC signed an agreement with Centurion Petroleum Corporation CPC, a subsidiary of Dana Gas, the Middle East’s first regional private-sector natural gas company, to participate with 50% working interest in Dana Gas’ Komombo Rea Block – 2 Concession, located in the Western Desert, in Upper Egypt. The Concession covers nearly 21,000sq km’s and is currently in the second exploration period of three years duration. |
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Superior Group (www.superior.ae) |
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The diverse assortment of companies that specialize in the oil and gas sector has restructured in the form of the Superior Group which includes Superior Abu Dhabi, Maritime Superior Company (Oil Well Services), Superior Company (Oil Field Services), and Superior Oil Field Services Limited Company. The group was established in 1996, and provides oil field services and expertise in Kuwait, UAE, Syria and United Kingdom. Superior Group is currently developing and implementing an Integrated Management System, based on the requirements of ISO 9001:2000, 14001:1996 and OSHAS 18001:1999. Superior Group is currently contracting with ADCO, UAE and AFPC, Syria.
Superior successfully completed the pilot of an Hydraulic deploy system in Kuwait Oil Company (KOC).
Superior has adopted a Quality Management System (QMS) to document our approach in identifying and managing QHSE, identifying and managing QHSE, and operational risks. QMS provides an umbrella for a multidisciplinary effort including senior management, training, administration, human resources, Engineering, Technical services and the QHSE team. Superior has been accredited by the ISO 9001:2000, ISO 14001 & OHSAS 18001:1999, and by the Quality Management System. |
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International Chemical Group (ICG) |
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International Chemicals Group (ICG) is a Kuwaiti closed company, founded in 1998 with a share capital of US$38 million, which invests in, and markets, chemical and petrochemical products. ICG specializes in the share acquisition of established petrochemical and chemical plants, and the formation of joint ventures with international, reputable technology-owning companies. This strategy allows ICG to establish new plants for the manufacture of petrochemicals and chemicals, in both local and international markets. ICG offers a reliable, high-quality alternative to petrochemical investment both in Kuwait and on a global level, owning the required knowledge, practical experience and contacts. Working with ICG is a professional way of developing existing and future business opportunities in a risk-reduced environment. ICG ultimately provides superb value to its customers and excellent returns for its shareholders. |
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