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Ahmed Saud

Pico Energy

Pico Energy !

45+ years of providing full integrated marine and petroleum services.

$500/hr
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About Pico Energy

Established in 1974, PICO Energy is an international oilfield and marine services company offering full integrated services ranging from surface well testing, coiled tubing and pumping services to drilling fluids, downhole tools, machine shop and fabrication, projects and marine services.

Description of Services

Our operations spans to the breadth of three continents with our R&D center located in Houston, Texas. Our motto is continuous expansion into new territories with fit-for-purpose solutions that guarantees cost savings and win-win situations.

What we do

TURNKEY INTEGRATED SERVICES TO OIL & GAS SECTOR

FULLY COMPLIANT WITH HSE INDUSTRY BEST PRACTICES

FOCUSING ON INNOVATIVE SOLUTIONS TO CAPTURE UNTAPPED POTENTIAL

Life at Pico Energy

1974

PICO GROUP ESTABLISHED

PICO Group was founded back in 1974, initially operating in trading activities, with the aim to expand regionally with a focus on four primary sectors of Agriculture, Consumer Foods, Energy and Real Estate.

 

1978

PICO PETROLEUM SERVICES

PICO obtained License Number 1 in the Egypt Free Zone to be the first Egyptian free zone company to provide oil and gas services.

 

1978

DRILLING JARS MAINTENANCE & LEASING

PICO became the 1st Egyptian company to maintain and lease drilling jars to the Egyptian market.

 

1985

LOGGING SERVICE

First Egyptian company in the region to own and operate logging equipment with Gearhart technologies.

 

1990

PICO OIL ESTABLISHED

PICO Oil was established to be the first Egyptian exploration and production company dedicated to invest in the Energy sector.

 

1995

PICO OIL

First Egyptian company to own and operate oil and gas concession fields.

 

2002

PICO R&D

First dedicated research and development center for the energy sector of Egypt and the region.

 

2006

PICO ENERGY

First Egyptian holding company providing full-fledged petroleum services.

 

2007

PICO INTEGRATED SERVICES

Introduced total drilling management services/contracts for the oil and gas sector.

 

2008

PICO TECHNOLOGIES – THE GROUP’S TECHNOLOGY ARM

Established in Houston, Texas, USA, PICO Technologies LLC is the technology arm of the PICO Group dedicated to the design and manufacturing of sophisticated patented oil field equipment and tools.

 

2009

PICO MEXICO ESTABLISHED

PICO Mexico Servicos Petroleros was established as a services company in Mexico offering PEMEX:

  • Unique commercial model
  • Superior technologies
  • The opportunity to operate in the giant Cantrell field

 

2009

PICO 4 BUILT IN LOUISIANA, USA

PICO VI, the world’s biggest state-of-the-art liftboat, was built in Louisiana, USA. PICO VI is self-propelled jack-up barge (lift boat) under the contract with PEMEX in Mexico.

 

2011

PICO MARINE CERTIFICATION

Obtained International Marine Certificates:

  • ISM
  • DOC
  • SMC

 

2011

PEMEX CONTRACT

PICO Marine Services landed PEMEX contract for Cantarell field.

 

2015

SUPPLY BOAT SERVICES

PICO Energy started up the Supply Boat Services.

 

2015

AMAL C PLATFORM PROJECT

EPC Projects: awarded a mega project; AMAL C Platform in Gulf of Suez.

 

2018

VENUS JACKUP REFURBISHED

VENUS JackUp was fully refurbished to meet client’s requirements for developing mature fields.

 

2018

HARD BANDING SERVICES INTRODUCTION

Introduced state-of-the-art hard banding services to the Egyptian market

 

And the challenge continues… 

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