

Challenger
Established in 1991, Challenger is an international provider of contract oil and gas land drilling and workover services, headquartered in Egypt and operating mainly in Libya with a fleet of 29 rigs. Challenger’s operations have been adversely impacted by subsequent deteriorating geo-political conditions in Libya, together with the recent severe volatility in oil prices. The Company currently has seven active rigs under contract.
- Asset Class:
- Private Equity
- Industry:
- Oil & Gas
- Country:
- Libya
- Year:
- 2006
- Project Status:
- Active