Quippo Oil and Gas Infrastructure Limited: Company Profile

Background

Overview

Quippo Oil and Gas Infrastructure Limited (QOGIL), established in 2005, is a leading Indian company specializing in onshore drilling services and oilfield solutions. Headquartered in Gurugram, Haryana, QOGIL operates a fleet of advanced land drilling rigs, offering a comprehensive suite of services to the upstream oil and gas industry.

Mission and Vision

QOGIL is committed to providing efficient and safe drilling operations, utilizing state-of-the-art equipment and a world-class crew. The company aims to support India's energy security by reducing dependence on imported hydrocarbons and contributing to the economic development of the regions it serves.

Industry Significance

As a pioneer in India's onshore oilfield services landscape, QOGIL has played a significant role in enhancing domestic oil and gas exploration capabilities. Its advanced drilling technologies and comprehensive service offerings have positioned it as a key player in the sector.

Key Strategic Focus

Core Objectives

• Expansion of Drilling Fleet: QOGIL is focused on increasing its fleet of drilling rigs to meet the growing demand in the oil and gas sector.

• Diversification of Services: The company aims to offer a wide range of services, including directional drilling, work-over operations, cementing, seismic surveys, and integrated field development.

Areas of Specialization

• Onshore Drilling Services: Operating a fleet of rigs ranging from 650 HP to 3000 HP, equipped with top-drive systems for deep and complex drilling operations.

• Integrated Project Management: Providing end-to-end solutions from well planning to execution, ensuring efficient and safe drilling operations.

Key Technologies Utilized

• Top-Drive Mechanisms: Equipping rigs with top-drive systems to undertake specialized drilling operations in challenging environments.

• Advanced Work-Over Rigs: Utilizing state-of-the-art rigs for well completion and re-entry services.

Primary Markets Targeted

• Domestic Market: Serving various states in India, including Assam, Arunachal Pradesh, Tripura, Rajasthan, Gujarat, Andhra Pradesh, Odisha, and Madhya Pradesh.

• International Market: Exploring opportunities in international markets to expand its service offerings.

Financials and Funding

Funding History

QOGIL has been funded through internal accruals and strategic partnerships. In August 2025, Hazoor Multi Projects Ltd. (HMPL) acquired QOGIL, marking a significant investment in the company's growth and expansion.

Recent Funding Round

• Acquisition by HMPL: In August 2025, HMPL acquired QOGIL through a competitive Swiss Challenge bidding process, integrating QOGIL into its portfolio.

Notable Investors

• Hazoor Multi Projects Ltd. (HMPL): A diversified infrastructure and engineering company based in Mumbai, which acquired QOGIL to expand into the upstream oil and gas sector.

Utilization of Capital

The capital from HMPL's acquisition is expected to be utilized for:

• Expansion of Drilling Fleet: Increasing the number of advanced drilling rigs to meet market demand.

• Service Diversification: Enhancing the range of services offered to clients.

• Technological Upgradation: Investing in state-of-the-art equipment and technologies.

Pipeline Development

Key Pipeline Candidates

• Advanced Drilling Rigs: Plans to expand the fleet with rigs equipped for deep and complex drilling operations.

• Integrated Field Development Projects: Engaging in projects that offer end-to-end solutions from well planning to execution.

Stages of Development

• Fleet Expansion: Ongoing procurement and commissioning of new drilling rigs.

• Service Enhancement: Developing capabilities in additional services such as seismic surveys and integrated field development.

Target Conditions

• Onshore Oil and Gas Fields: Focusing on regions with significant exploration and production activities.

Anticipated Milestones

• Fleet Expansion Completion: Achieving a set number of new rigs operational within the next 2-3 years.

• Service Diversification: Launching new service offerings in the coming year.

Technological Platform and Innovation

Proprietary Technologies

• Top-Drive Systems: Equipping rigs with top-drive mechanisms to enhance drilling efficiency and safety.

Significant Scientific Methods

• Integrated Project Management: Employing a holistic approach to manage all aspects of drilling projects, ensuring optimal performance.

Leadership Team

Key Executives

• Mr. Iqrar Husain: CEO of QOGIL, leading the company's strategic direction and operations.

Professional Backgrounds

• Mr. Iqrar Husain: Brings extensive experience in the oil and gas industry, focusing on drilling operations and project management.

Key Contributions

• Leadership in Expansion: Guided the company through significant growth phases, including fleet expansion and service diversification.

Leadership Changes

• Recent Appointments: The acquisition by HMPL in August 2025 led to strategic realignment and integration of leadership teams.

Competitor Profile

Market Insights and Dynamics

• Market Size and Growth Potential: The Indian onshore drilling services market is expanding, driven by increased exploration and production activities.

• Industry Trends: A shift towards integrated service providers offering end-to-end solutions is evident.

Competitor Analysis

• John Energy Limited: A major competitor in gas compression services and drilling and workover rigs.

• GTC Oilfield Services Private Limited: Competes in the same sectors, offering similar services.

Strategic Collaborations and Partnerships

• Acquisition by HMPL: The integration with HMPL enhances QOGIL's capabilities and market reach.

Operational Insights

Strategic Considerations

• Fleet Expansion: Increasing the number of advanced drilling rigs to meet market demand.

• Service Diversification: Enhancing the range of services offered to clients.

Competitive Advantages

• Advanced Technology: Utilizing state-of-the-art equipment and top-drive systems.

• Experienced Workforce: Employing a team of over 400 oilfield professionals with global experience.

Strategic Opportunities and Future Directions

Strategic Roadmap

• Market Expansion: Entering new geographical regions to offer services.

• Service Enhancement: Developing new service offerings to meet client needs.

Opportunities for Expansion

• International Markets: Exploring opportunities in international markets to expand its service offerings.

Future Objectives

• Fleet Expansion Completion: Achieving a set number of new rigs operational within the next 2-3 years.

• Service Diversification: Launching new service offerings in the coming year.

Contact Information

• Official Website: www.quippoworld.com

• Headquarters Location: Gurugram, Haryana, India