Gulf Drilling International (GDI)
Gulf Drilling International QSC was incorporated in 2004 as a joint venture between Qatar Petroleum (60%) and Japan Drilling Company (40%). Subsequent to exercising a share option provision within the joint venture agreement, QP increased its stake to 69.99% and then transferred this shareholding to Gulf International Services.
GDI has no subsidiaries or associates, and is not party to any subordinate joint venture arrangements. The company’s authorised and issued share capital is QR375.7 million.
The registered head office is located at Main Airport Road, Building 4718, P.O. Box 9072, Doha, State of Qatar. Total headcount is 839, split between head office, onshore and offshore staff.
GDI has direct ownership of nine drilling rigs (five offshore, four onshore) which are used to drill wells suitable for oil and natural gas extraction. The drilling process typically consists of drilling boreholes to varying depths, sampling sub-surface formation reservoir fluids to determine economic feasibility of production, and then installing pipes and instruments to produce reservoir fluids. GDI maintains a close relationship with Qatar Petroleum due to QP’s indirect ownership; hence most of GDI’s drilling rigs are currently contracted to QP or QP affiliates.
For more information, please visit the Gulf Drilling International website.