Egyptian Drilling Company

What Egyptian Drilling Company does

Egyptian Drilling Company (EDC) is a Cairo-headquartered drilling contractor providing onshore drilling, offshore drilling, and workover services to international oil companies and national petroleum corporations across the MENA region. Founded in 1976 as a 50-50 joint venture between the Egyptian General Petroleum Corporation (EGPC) and A.P. Moller - Maersk of Denmark, the company became 100% EGPC-owned in December 2017. EDC operates a fleet of more than 70 rigs spanning 50+ onshore units, six jack-up rigs, two offshore platform rigs, and over 25 workover rigs, with crews and equipment configured with multiple top drive systems (Canrig 1275 AC, Varco TDS 3H/4H, TDSVARCO, TDSNATIONAL, TDSNOV). Current operating geographies are Egypt, Saudi Arabia (via the wholly owned Drilling & Petroleum Services subsidiary) and Kuwait, with branch offices in Al Khobar and Salmiya.

Name

Egyptian Drilling Company

Legal name

Egyptian Drilling Company

Website

https://egyptian-drilling.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Oil & Gas Drilling Services

NAICS

Drilling Oil and Gas Wells (213111), Support Activities for Mining (2131)

SIC

Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Drilling & Workover Rigs (Land & Offshore) (EUALABAA)

akta.pro secondary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oil and gas drilling
• Workover services
• Offshore drilling rigs
• Onshore drilling contractor
• Drilling rig operations

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Drilling Services: EDC provides drilling services including onshore drilling, offshore drilling (jack-up and platform rigs), and workover services to oil and gas companies. Revenue is generated through contract-based drilling operations, typically long-term contracts with national petroleum corporations and international oil companies. The company operates a fleet of over 70 rigs providing these services.
2. Training Services: EDC Training Center delivers premium quality training services for external customers in addition to internal personnel, including drilling, safety, and technical courses. The center is IWCF accredited and provides both standard and tailor-made courses.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Egyptian Drilling Company (EDC) is a drilling contractor providing onshore drilling, offshore drilling (jack-up and platform rigs), and workover services to oil and gas exploration and production companies. EDC owns and operates a fleet of over 70 rigs and employs more than 5,000 people, serving international oil companies and national petroleum corporations across Egypt, Saudi Arabia, and Kuwait.

Product overview

EDC operates as a drilling contractor providing comprehensive oil and gas drilling services through three core product lines: Onshore Drilling Rigs (50+ land-based units), Offshore Drilling Rigs (4 jack-up and platform rigs including Sneferu, Zoser, Senusret, Setty), and Workover Rigs (25+ units for well maintenance). Supporting the core drilling operations is the EDC Training Center, an IWCF-accredited facility offering specialized courses across drilling, safety, and technical disciplines. The company serves clients in Egypt, Saudi Arabia, Kuwait, and Turkey through its fleet of over 70 rigs.

Differentiator

Problem solved

Functional benefit

Products and services

• Onshore Drilling Rigs
• Offshore Drilling Rigs
• Workover Rigs
• EDC Training Center

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core, minor, flagship and historical.

• Regional and International Drilling CompaniescoreStrategic or Co-development Partner · 19 April 2026Minister of Petroleum Karim Badawi called on EDC to forge strategic partnerships with regional and international firms to boost Egypt's domestic oil and gas production and meet government five-year targets. EDC is implementing a five-year strategy to 2030 targeting expansion into India, UAE, Oman, Turkey, and West Africa through new partnerships.
• ENPPI and PETROJETminorChannel Partner/ Reseller/ Distributor · 13 January 2026Egyptian service companies ENPPI, PETROJET, and EDC are actively bidding together for Omani infrastructure projects. PETROJET already secured a $273 million contract for a 193-kilometer natural gas pipeline in Oman. These companies collaborate on international project bids as part of Egypt's petroleum sector services export strategy.
• Egyptian General Petroleum Corporation (EGPC)flagshipStrategic or Co-development Partner · 1 August 1976EGPC is the primary shareholder (along with other Egyptian petroleum sector shareholders) of EDC, holding 100% ownership since December 2017. EGPC is Egypt's national petroleum corporation overseeing exploration, production, refining, marketing and distribution of oil and gas within the country. EDC was originally formed as a joint stock company between EGPC and A.P.Moller - Maersk Group in August 1976, with EGPC acquiring Maersk's shares in 2017.
• A.P. Moller - Maersk Group (Former Partner)historicalStrategic or Co-development Partner · 1 August 1976EDC was originally formed in August 1976 as a joint stock company between EGPC and A.P.Moller - Maersk Group of Denmark, with equal partners in ownership. A.P.Moller - Maersk is Denmark's largest corporation with activities in shipping, air transport, industrial goods and services, oil and gas exploration and production. Maersk exited the joint venture in December 2017 when EGPC acquired their shares.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Arabian Drilling Company: Saudi Arabia-based onshore and offshore drilling contractor operating a large rig fleet in MENA. Directly comparable to EDC as a regionally focused drilling services provider serving national oil companies and IOCs across the Middle East.
• ADES International Holding: Egyptian-origin offshore and onshore drilling contractor with strong MENA footprint. Highly comparable to EDC in service mix (jack-up rigs, workover operations) and regional customer base among national oil companies.
• Kuwait Drilling Company (KDC): Kuwait-listed drilling contractor majority-owned by Kuwait Petroleum Corporation. Directly comparable as a national oil company-affiliated drilling services provider operating rigs across onshore and offshore segments in the Gulf.
• National Drilling Company (Abu Dhabi): ADNOC-owned drilling services provider operating onshore and offshore rigs in the UAE. Direct peer in the state-affiliated drilling contractor model that EDC exemplifies through its EGPC ownership.
• Shelf Drilling: Shallow-water offshore jack-up drilling rig operator focused on MENA, Southeast Asia, and India. Directly comparable for EDC's offshore jack-up rig segment and shared regional customer set with national oil companies.
• Borr Drilling: Pure-play offshore jack-up drilling contractor serving international and national oil companies. Comparable to EDC's offshore segment in fleet type and customer profile, though Borr is offshore-focused while EDC is diversified across onshore.
• Noble Corporation (formerly Maersk Drilling): Global offshore drilling contractor that absorbed A.P. Moller-Maersk's drilling business — EDC's former 50/50 JV partner until 2017. Directly comparable for offshore drilling capability and historically linked through the original EDC partnership.

Broad incumbents

• Schlumberger (SLB): Largest global oilfield services company offering drilling, completions, and production services across the full upstream value chain. Overlaps with EDC in drilling services but operates as a broad incumbent with diversified portfolio beyond drilling rigs.
• Halliburton: Global oilfield services major with drilling and evaluation services among its broader portfolio. Comparable as an incumbent competitor for drilling contracts, though Halliburton is significantly larger and more diversified than EDC.
• Weatherford International: Global oilfield services provider with drilling, evaluation, and production offerings serving MENA operators. Adjacent competitor for drilling-related services contracts where EDC also operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Egyptiandrillingcompany-EDC
• Facebookfacebook.com/EDCegyptianDrillingCompanyOfficial
• LinkedInlinkedin.com/company/egyptian-drilling-company-edc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egyptian Drilling Company