• A company from Telugu land is showcasing its skills and capabilities globally and making the country proud. 
  • Megha Engineering and Infrastructures Limited (MEIL) have acquired the global leaders in oil and gas exploration companies Drillmec and Petreven. 
  • MEIL know for the execution of a critical project in India and across the world. 
  • By acquiring these companies, MEIL demonstrated its capabilities to the world. 
  • MEIL, which already has significant experience in the energy sector, 
  • has entered the oil rig manufacturing by acquiring these two companies of the Trevi group. 
  • Drillmec and Petreven has a turnover of $250 per annum and has Rs. 8,000 crore order book in hand. 
  • Drillmec manufactures the oil rigs and sells worldwide. Petreven is in the business of engineering services like rig maintenance and supervising. 
  • The Trevi group companies Drillmec and Petreven have operations in 80 countries globally. 
  • Both companies employ directly or indirectly over 10,000 engineers, technicians and other support staff.  
  • Drillmec manufactures and supplies rigs, heavy machinery, and equipment to the global companies for exploration of oil and gas offshore and onshore. 
  • Over 40 leading companies in the sector, including Total, Shell, Kieran, ONGC and BP use Drillmec's rigs. 
  • The company has rig manufacturing units in Russia, Italy and four units in Belarus. 
  • Petreven established in 1998 in Venezuela.
  •  The company engaged worldwide in drilling and maintenance in oil and gas sector. 
  • The company owns 20 advanced series heavy oil rigs. 
  • The company operations spread across Canada, USA, Mexico, Brazil, Venezuela, Argentina, Bolivia, Algeria, Indonesia and India. 
  • It has business offices in Cesena, Italy and Argentina, Peru, Venezuela and India.