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Edgo, also known as the Engineering and Development Group, provides comprehensive oilfield and support services to the global oil and gas industry. The company delivers integrated service solutions, leveraging its multidisciplinary expertise in demanding operational environments. Its approach combines specialized skills, effective local partnerships, and a deep understanding of complex logistical and technical requirements to ensure successful project execution across the energy sector.
The company's origins trace back to 1956, when Munib R. Masri and Angela C. Kegler established the Jordan office for Geological and Engineering Services. Both petroleum geologists, Masri, originally from Palestine, and Kegler, whose father was an oilfield engineer, sought to contribute to the infrastructural development of the Arab world. Their initial insight focused on addressing the critical need for water resources, which evolved into broader engineering and development services.
Edgo serves a diverse clientele within the oil and gas industry and energy markets, building on a history of delivering essential infrastructure projects across the Levant and Arabian Peninsula. The company’s long-term vision is to continue providing integrated oilfield services and logistics support, emphasizing local content maximization and the development of indigenous expertise within the communities it serves, fostering sustained regional development.
EDGO has 1 tracked investment across 1 company. The latest tracked deal is $20.0M Series B in Immensa in November 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 28, 2023 | Immensa | $20.0M Series B | Global Ventures | Endeavor Catalyst, Energy Capital Group, Green Coast Investments, Shorooq Partners |