Launched in July 2008, MENAdrill is an offshore drilling and services company and one of FEB’s first initiatives.
MENAdrill focuses on providing contract drilling services for offshore exploration and development in the Middle East and globally.
MENAdrill aims to become one of the key drilling companies based in the region, allowing it to capitalize on the significant levels of drilling activity required to increase offshore oil and gas production throughout the region in particular and globally in general. MENAdrill’s initial assets include two Super M2 jackup drills constructed at the Maritime Industrial Services (MIS) in Sharjah. The first rig “MENAdrill I” was successfully delivered in November 2010. It is subsequently transported to Mexico to commence drilling in the Gulf of Mexico under a charter agreement. The second rig “MENAdrill II” was successfully delivered in March 2011.