Our Governance
In congruence with the regional development plans, ENEXD is committed to contribute to the industry’s upstream sector through its acquired strategic knowledge and expertise within the spheres of exploration, development, and production.
Through strict ethical and legal codes of conducts, this organization strives to evolve into a regional leading enterprise in the onshore and offshore drilling operations and its related services.
In doing so, ENEXD, aims to develop a competitive portfolio through strategic alliances to deliver, in forms of value creation, to its stakeholders. In realization of this vision, we had formulated the strategies to;
- Exploit the full potential of capacity
- Exploit the full potential of capacity
Corporate Governance
ENEXD, continuously monitored by the Board, has adopted strict standards on its work-force and workflow, at all organizational and hierarchical levels, to simply deliver. Implicit in this philosophy is the significance of a sound corporate governance which endorses the organizational ‘Core Values’ and ‘Outlook on Success’, which in turn, serves the cause for a responsible corporate culture and sound decision-making. These Core Values and Out-look on Success are clustered around for categories;
Core Values:
Integrity
Teamwork
Excellence
Continuous Study
- Contributing to the cause that makes a difference
- Delivering unmatched value to stockholders
- Being cost-efficient in all endeavors
- Acquiring and Allocating resources effectively
ENEXD has adopted a vibrant matrix organizational structure through which projects of onshore and offshore nature are continuously supported in an integrated manner by Operational, Technical, Financial, legal, Commercial and Administrative teams managed by the Executive Team and monitored by the President and the Board, with in-depth knowledge and expertise accumulated over the span of three decades.