Gulf International Services Q.S.C. (GIS) was incorporated as a Qatari shareholding company on 12 February 2008, by Qatar Petroleum (QP), a wholly-owned Qatari government company. GIS is registered under Commercial Registration number 38200. Prior to the IPO, GIS was fully owned by QP and on 26 May 2008, QP listed 70% of the company's issued capital in the Doha Securities Market.
GIS has significant investments in national and international oil and gas industry, including well support services, offshore and onshore drilling services, helicopter maintenance and transportation services, insurance and reinsurance services.
Currently, GIS acts as a holding company which owns and controls stakes in the following companies:
- 100% ownership of Al Koot Insurance and Reinsurance Company S.A.Q. (Al Koot);
- 100% ownership of Gulf Drilling International Limited Q.S.C. (GDI);
- 100% ownership of Gulf Helicopters Company Q.S.C. (GHC); and
- 100% ownership of Amwaj Catering Services Limited (Amwaj).
Headquartered in Doha, the dynamic capital city of Qatar, GIS is ideally positioned to play a major role in the economic and social development of Qatar and the Middle East & North Africa (MENA) region.
The objective of GIS has been, and remains, to acquire shares, assets and interests in companies engaged in the provision of services to the national and international oil and gas industry.
The current issued capital of GIS is QR 1.487 billion divided into 148.7 million Ordinary Shares of QR 10 each.