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Stone Energy is a closed share holding company founded in 2007 with paid up capital of 50 million USD as a service company working in the field of oil and gas exploration , and production , headquartered in Kuwait, with additional offices in Cairo, and, Alexandria, Egypt.
Is to insure that all our resources are available to our clients to supply the best oil field drilling services under our health, safety and environment quality management systems.
Stone Goals: The principals of the top management of the company are recognizing the importance of total quality management (TQM) in successfully meeting the market Competition. To focus the firm's activities, the management defined its mission as follows: To meet the spectrum of drilling services and engineering needs of clients, local and international oil and gas companies, the public petroleum authorities, private and governmental oil companies with high-quality service, rapid turnaround, and unparalleled professionalism, at a profit."The overall mission of the company management is more clearly defined by dissecting it into the following objectives:
Objectives
-To increase market share in Egypt, S.A., Kuwait, Syria, Iraq, and Africa.
-To increase the number of owned onshore drilling rigs by 5 rigs for the next 3 years.
-To introduce to the market the state of the art drilling equipment and technology.
-To start offshore drilling services.
-To minimize the company's overhead expenses
-To improve the profit margin.
