Burgan Company for Well Drilling, Trading and Maintenance K.S.C.: Business Overview, Financials & Competitive Analysis
Burgan Drilling is the largest oil drilling company in Kuwait and one of the leading oil drilling companies in Middle East. The company provides drilling and workover services for oil companies in Kuwait and internati...
Cyborg Score thesis
Established regional drilling leader with substantial government-backed contracts and safety excellence, though exposed to...
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Get Current Report FreeBurgan Company for Well Drilling, Trading and Maintenance K.S.C. Overview
Pro stress-test →Burgan Drilling is the largest oil drilling company in Kuwait and one of the leading oil drilling companies in Middle East. The company provides drilling and workover services for oil companies in Kuwait and internationally, along with integrated maintenance services, transportation support through a fleet of heavy-duty trucks, low beds, Kenworth, forklifts, and cranes, workshop, supply chain, and catering services.
Strategic Profile
Pro stress-test →Burgan has a close and longstanding relationship spanning almost 40 years with Kuwait Oil Company and its parent, Kuwait Petroleum Corporation. In March 2026, the company signed multiple drilling contracts with Kuwait Oil Company valued at approximately $228.5 million, with drilling activities expected to commence within one year from the signing date.
Competitive Landscape
Pro stress-test →Burgan competes as the largest oil drilling company in Kuwait and one of the leading oil drilling companies in the Middle East. The company faces competition from regional and international drilling contractors serving the Gulf's upstream sector, but benefits from deep relationships with state-owned Kuwait Oil Company and established operational infrastructure.
Industry Context
Burgan Company for Well Drilling, Trading and Maintenance K.S.C. operates in Oil and Gas Equipment and Services.
Key facts
Founded: 1970 · Headquarters: Fahaheel, Kuwait · Employees: 2,064 · Revenue: $131M · Market cap: $156M