Challenges

In its second five-year plan, ENEXD, extended its drilling fleet by fourfold, which subsequently, resulted in an unprecedented growth of approximately four hundred percent of total drilling meters compare to its first five-year plan. This has been achieved by in-depth knowledge and expertise in drilling operations in difficult environments as well as effective HSE Management System, which ensured 400 days of zero-incident operation despite of increased  workforce and worksites in the second five-year plan.

For its third five-year plan, ENEXD, faces a new challenge in the international market and is analyzing the drilling of more than fifty wells with approximate drilling depth of 250,000 meters in the Middles East and North Africa - including but not limited to thirty wells in Libya, nine in Kurdistan, nine in Pakistan, and eight in Iraq - which resulted in an increase of the size of its drilling fleet and service-related equipment. This includes purchase of three 2000HP and order for two 3000HP land drilling rigs as well as six mud logging and two coil tubing units to meet the operational requirements of this strategic region. In the same manner, to meet the requirements of its own operation and those of others, Enexd Holdings Limited is constructing a warehouse in Jebel Ali Free-zone in Dubai - United Arab Emirates for strategic procurement and provision of spare parts for both onshore and offshore drilling units and operations.