Midco Oilfield Services

What Midco Oilfield Services does

Midco Oilfield Services is an Egypt-based, privately held integrated oilfield service provider founded in 1998 by CEO Eng. Essam Abdel Fattah. The company delivers a broad portfolio spanning wellhead installation and maintenance, inspection services (rig, tubular, NDT, lifting), load testing (up to 650 tons), pressure testing (up to 30,000 PSI), hydraulic bolt tightening (HI-TORC), casing cold cutting, filtration, mooring systems, sandblasting and painting, electrical pre-heating and welding, and drilling manpower consulting. Its customer base includes more than 20 named enterprise accounts covering international oil companies such as BP and Apache, Egyptian national operators including PETROBEL, GUPCO, Khalda Petroleum, Agiba Petroleum, and WEPCO, and service firms such as Egyptian Drilling Company.

The company also operates an equipment-supply division acting as the exclusive Egyptian representative for Aventus Oil Tools-UAE (completion equipment including liner hangers, packers, cementing heads, floating equipment, bridge plugs, and flow control), sole agent for CST-CSEPEL TECHNO Ltd (Hungary) for wellhead and X-Tree supply, and agent for Blohm Voss (Germany) for handling tools. This dual service-plus-distribution model allows Midco to capture both project-services revenue and equipment pass-through margins on its installed IOC and NOC customer base.

Commercially, Midco operates a quote-based enterprise field-sales model with direct engagement of oil and gas operators in Egypt, and states an intent to expand into the broader Middle East. The company holds API Q1 (9th Edition), API Q2, API 6A Monogram, ISO 9001:2015, ISO 45001:2018, and LEEA Full Membership credentials, and reports a workforce of 1,000+ engineers and specialists — though external firmographic data records headcount in the 51–100 range, indicating a discrepancy between core staff and broader field/contract workforce. Revenue is not publicly disclosed.

Name

Midco Oilfield Services

Legal name

Midco Company

Website

https://midco-eg.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

Midco Oilfield Services is an Egypt-based integrated oilfield service provider founded in 1998, delivering wellhead maintenance, inspection, load and pressure testing, completion-equipment supply, and manpower services to international oil companies and Egyptian national operators, with exclusive agency rights for Aventus Oil Tools, CST-CSEPEL TECHNO, and Blohm Voss.

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

Support Activities for Oil and Gas Operations (213112), Support Activities for Mining (2131), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

akta.pro secondary industries

Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Inspection, Integrity & Testing Services (NDT, Well Integrity, Corrosion, QA/QC) (EUALABAO), Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN)

Keywords

• Oilfield services
• Wellhead maintenance
• Oilfield equipment supply
• Inspection testing services
• Well completion equipment

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Oilfield Services: Integrated oilfield services including wellhead maintenance, inspection, testing, and specialized services. Revenue generated through professional service delivery and equipment rental.
2. Equipment Supply: Supply of wellheads, completion equipment (liner hangers, packers, cementing heads, floating equipment, bridge plugs), and rental equipment (offshore baskets, chemical containers, caravans).
3. Exclusive Distribution Rights: As exclusive representative of Aventus Oil Tools-UAE in Egypt, providing completion equipment and solutions to the Egyptian oil and gas sector.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Midco Oilfield Services is an integrated oilfield service provider founded in Egypt in 1998, delivering wellhead installation, maintenance, and supply; multi-discipline inspection (rig, tubular, NDT, lifting); load testing (up to 650 tons) and pressure testing (up to 30,000 PSI); HI-TORC bolt tightening, cold cutting, filtration, mooring, manpower and drill consulting, sandblasting, painting, and electrical pre-heating/welding. It also supplies completion equipment as the exclusive Egyptian representative of Aventus Oil Tools-UAE (liner hangers, packers, cementing heads, floating equipment, bridge plugs, flow control) and as sole agent for CST-CSEPEL TECHNO wellheads and Blohm Voss handling tools.

Product overview

Midco Oilfield Services is a leading integrated oilfield service provider based in Egypt since 1998, offering a comprehensive portfolio of oilfield equipment and services. The company operates through two main divisions: (1) Service Operations including wellhead installation, maintenance and supply, inspection services (rig, tubular, NDT, lifting), load testing, pressure testing, casing cold cutting, high-torque bolting, filtration, sandblasting, welding, and mooring systems; and (2) Completion Equipment Supply as the exclusive representative of Aventus Oil Tools (UAE) providing liner hangers, cementing heads, floating equipment, packers, flow control equipment, and bridge plugs/cement retainers. Additionally, Midco serves as sole agent for CST-CSEPEL TECHNO (Hungary) wellheads and Blohm Voss (Germany) handling tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Well Head Installation Field-proven wellhead system offering compact, safe, and reliable solutions for multiple completion projects in the oil and gas sector.
• Well Head Maintenance Integrated wellhead maintenance and supply services including routine and non-routine maintenance, refurbishment, and installation with qualified engineers and technicians.
• Well Head Supply Supply of complete oil, gas, and geothermal production equipment as sole agent of CST-CSEPEL TECHNO Ltd (Hungary) in Egypt, with rated working pressures of 3,000, 5,000, and 10,000 psi.
• Tubular Inspection Premium tubular inspection services including mobile and in-plant inspection and refurbishment of drill pipes, tubing, casing, sucker rods, and downhole tools.
• Inspection Services Multi-skilled inspection teams providing lifting inspection, tubular inspection, NDT inspection, and rig inspection with online reporting system and QR code.
• Load Testing API-certified load testing services for handling tools (spiders, elevators) up to 650 ton service capacity, including proof load testing and performance load testing per API-8C and API-8B specifications.
• Portable Facing Machines Flange facing machines with quick setup capability, driven by 0.8KW pneumatic motor, facing range 6"-40" and clamping range 6"-33", for face machining, sealing groove machining, and welding preparation.
• Offshore and Onshore Rental Equipment Certified rental equipment including offshore baskets, chemical containers, cutting boxes, caravans, and personnel transfer lifts for safe offshore and onshore oil and gas operations.
• Rig Inspection Rig inspection survey services including acceptance surveys, condition surveys, mechanical and electrical inspection, commissioning, NDT testing (MPI, LPI, ET), and database tracking for inspected equipment.
• Casing Cold Cutter Lightweight portable pipe-cutting unit with split body construction, cutter range 2-36 inches, pneumatically powered with simultaneous cutting and beveling, saving up to 3 hours per operation.
• Pressure Test Services Engineering pressure testing service per API 598 for BOP stacks, choke manifolds, X-mass trees, valves, pipelines, and pressure vessels with working pressure up to 30,000 PSI.
• High-Torque (HI-TORC) Bolting Service Hydraulic-powered bolt tightening service for flanges ensuring equal tension, with 50% time and cost savings, applicable for BOP, risers, wellheads, pipelines, and construction projects.
• Manpower and Drilling Consulting Personnel recruitment and drilling consulting providing experienced professionals for drilling managers, mechanical, production, HSE advisors, logistics, and marine positions.
• Filtration Services Twin compartment filtration unit for completions fluids with 5 BPL/min flow rate, filtering contaminations and microbes up to 2-10 microns.
• Sling Test Bed Machine Load testing machine for all lifting gears with capacity up to 50 ton, featuring high-accuracy load cell calibrated annually to applicable standards.
• Mooring System Maritime mooring systems with multiple assemblies including mooring buoy, iron chain, shackles, swivel anchor weight, mooring rope, and tag line.
• Sand Blasting and Painting Surface preparation service for complete removal of rust and old paint, ensuring uniform roughness for maximum coating adhesion, applied per paint manufacturer specifications.
• Electrical Pre-heating and Welding Electrical heat application service for casing housing and casing during welding operations, providing safe pre-heating for wellhead maintenance situations.
• Blohm Voss Handling Tools Agent supply of Blohm Voss (Germany) manual elevators, manual and hydraulic bushing type CL elevators, elevator links, hand slips, safety clamps, and manual tongs.
• Liner Hangers (Aventus) Comprehensive range of cemented and non-cemented liner hanger systems including hydraulic and mechanical set models with recessed slips and anti-preset mechanisms for hanging liners in oil and gas wells.
• Cementing Head (Aventus) Specialized Top Drive and Kelly Drive Cementing Heads with full manifold including swivel, plug/ball drop assemblies, and fluid bypass system for efficient cementing operations.
• Floating Equipment (Aventus) Drillable tools for well cementing including Reamer Shoes, Float Collars, and Mechanical Stage Cementing Collar designed to prevent cement backflow and provide casing buoyancy.
• Packers and Accessories (Aventus) Diverse portfolio of packers including hydraulic-set, tension-set, and compression-set models for production, injection, high-pressure fracturing, and squeeze cementing applications.
• Flow Control and Lock Mandrels (Aventus) Landing Nipples and Lock Mandrels with X, XN, R, and RN Profiles, X Line Running Tool, Sliding Sleeves, SB Pulling Tool, and Equalizing Check Valves for well completion.
• Bridge Plugs and Cement Retainers (Aventus) Comprehensive range of drillable and retrievable bridge plugs and cement retainers for permanent or temporary zonal isolation, well abandonment, and cementing operations.

Quantifiable outcome

• Saves 50% of normal rig time with HI-TORC service
• +1 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles1 record

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 and support.

• Aventus Oil Tools-UAEcoreTechnology or Integration · 1 October 2025MIDCO Oilfield Services has been appointed as the exclusive representative of Aventus Oil Tools-UAE in Egypt. This strategic collaboration brings a comprehensive range of high-quality completion solutions including: Floating Equipment, Mechanical & Hydraulic Liner Hangers, Permanent & Retrievable Packers, Wireline & Hydraulic Set Tools, Bridge Plugs & Cement Retainers, Service Tools & Flow Control Equipment, and Casing Clean Up Tools.
• CST-CSEPEL TECHNO Ltd (Hungary)coreTechnology or IntegrationMIDCO is the sole agent of CST-CSEPEL TECHNO Ltd in Egypt for wellhead supply. CST-CSEPEL TECHNO Ltd is a Hungarian company founded in 1991, producing complete oil, gas and geothermal production equipment including wellheads, x-mas tree equipment, gate valves, flanged connections, and auxiliary drilling parts. The company has been producing parts for the oil industry for over 50 years and acquired API 6A certificate in 1995.
• Blohm Voss (Germany)supportTechnology or IntegrationMIDCO is an agent of Blohm Voss, a German company manufacturing manual elevators, manual and hydraulic bushing type CL elevators, elevator links, hand slips, safety clamps, manual tongs, and spare parts of handling tools.
• Lifting Equipment Engineers Association (LEEA)supportOthersLEEA Full Membership Certificate held by MIDCO, demonstrating expertise in lifting equipment engineering and adherence to industry standards.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Others

• Vallourec: Global leader in premium seamless OCTG and line pipe solutions for the oil and gas industry. Adjacent to Midco's tubular inspection services and wellhead supply activities, and serves many of the same Egyptian operators, though operating primarily as a tubular manufacturer rather than integrated services provider.

Broad incumbents

• Weatherford International: Global oilfield services and equipment company with operations across the Middle East, providing drilling, evaluation, completions, and production solutions. Operates in Egypt and competes with Midco in wellhead and completion equipment supply, but at much greater scale and with proprietary technology.
• Baker Hughes: Global energy technology company providing oilfield services, equipment, and digital solutions across the Middle East and North Africa. Direct adjacency in wellhead equipment, completions, and pressure testing — overlapping with much of Midco's portfolio but at global scale.
• National Oilwell Varco (NOV): Global oilfield equipment manufacturer and supplier of wellheads, drilling components, and completion tools. Direct adjacency through wellhead equipment (the same product category Midco distributes via CST-CSEPEL) and API 6A monogram licensing, but at vastly greater scale.
• Petrofac: London-listed integrated energy services provider with major EPC and operations & maintenance contracts across the Middle East and North Africa. Larger scale and broader scope (EPC vs. Midco's services plus distribution), but serves a substantially overlapping customer base including Egyptian and Gulf NOCs.
• Halliburton: Global oilfield services major with substantial Middle East operations including Egypt, offering integrated drilling, completions, and production services. Competes with Midco for major IOC and NOC contracts but at a much larger scale and with proprietary technology.

Direct peers

• KCA Deutag: Private global drilling and oilfield services contractor owned by PAI Partners, with significant operations across the Middle East and North Africa. Comparable as a private, integrated services platform serving NOCs and IOCs in similar geographies.
• National Energy Services Reunited (NESR): NASDAQ-listed MENA-focused oilfield services company headquartered in Houston with major operations in Egypt, Saudi Arabia, and Iraq. Offers integrated drilling, completions, and production services with a similar customer base of NOCs and IOCs operating in Egypt — directly comparable to Midco's service portfolio and regional footprint.
• ADES Group Holding: Egyptian-founded oil and gas drilling and production services company listed on the Saudi Exchange, operating across the MENA region. Comparable regional peer providing rig-based and well-services to national oil companies with similar geographic and customer dynamics to Midco.

Regional players

• Shelf Drilling: Offshore jack-up rig operator headquartered in Dubai and listed on the Oslo Stock Exchange, primarily active in the Middle East, India, and Southeast Asia. Comparable as a regional OFS platform serving NOCs in the same Mediterranean / Red Sea basins as Midco's offshore customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/midcooilfield
• LinkedInlinkedin.com/company/midco-oilfield-services-free-zone

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Midco Oilfield Services