Strategic Posture
In congruence with the regional development plans, ENEXD is committed to contribute to the industry’s upstream sector through its acquired strategic knowledge and expertise within the spheres of exploration, development, and production. Through strict ethical and legal codes of conducts, this organization strives to evolve into a regional leading enterprise in the onshore and offshore drilling operations and its related services. In doing so, ENEXD, limited aims to develop a competitive portfolio through strategic alliances to deliver, in forms of value creation, to its stakeholders. In realization of this vision, the set of primary objectives, as stressed in our Articles of Association, establishes the very foundation for strategies which are specifically formulated to a) exploit the full potential of capacity; b) to capitalize on core values; and, c) ultimately, to evolve into a synergic and leading enterprise in this region.
Corporate Governance
Enexd, continuously monitored by the Board, has adopted strict standards on its workforce and workflow, at all organizational and hierarchical levels, to simply deliver. Implicit in this philosophy is the significance of a sound corporate governance which endorses the organizational ‘Core Values’ and ‘Outlook on Success’, which in turn, serves the cause for a responsible corporate culture and sound decision-making. These Core Values and Outlook on Success are clustered around the four categories;


Core Values:
  • Integrity
  • Teamwork
  • Excellence
  • Continuous Learning


Outlook on Success:
  • Contributing to the cause that makes a difference
  • Delivering unmatched value to stockholders
  • Being cost-efficient in all endeavors
  • Acquiring and Allocating resources effectively
 
Corporate Structure
ENEXD has adopted a vibrant matrix organizational structure through which projects of onshore and offshore nature are continuously supported - in an integrated manner - by Operational, Technical, Financial, and Legal teams managed by the Executive Team and monitored by the Committees and the Board - with in-depth knowledge and expertise accumulated over the span of three decades - to deliver to its stakeholders.