Gulf Drilling International

GDI was incorporated in 2004 as a joint venture between QatarEnergy (60%) and Japan Drilling Company (40%). Subsequent to exercising a share option provision within the joint venture agreement, QatarEnergy increased its stake to 69.99% and then transferred this shareholding to GIS. With effect from May 1, 2014, GIS exercised an option in the joint venture agreement and acquired the remaining 30% of GDI, resulting in GDI becoming a wholly-owned subsidiary of GIS. The company’s authorized and issued share capital is QR 739.7 million.

With a versatile fleet comprising onshore and offshore rigs, liftboats, barges, and shallow bore rigs, GDI provides the majority of Qatar’s drilling needs, delivering safe, efficient, and cost-effective solutions to both national and international clients. Recognised by QatarEnergy, QatarEnergy LNG, North Oil Company, and Qatar Shell as a world-class service provider, GDI continues to play a pivotal role in advancing Qatar’s sustainable future in the energy sector.

As the only Qatari owned drilling contractor, GDI maintains a close relationship with QatarEnergy, due in part to QatarEnergy’s indirect ownership.