Formura Offshore Services Private Limited

Formura Offshore Services Private Limited (FOSPL) is a fast-growing engineering solutions company headquartered in Anand, Gujarat, India, founded in 2018 by Mehul Parekh. The company specializes in the engineering, design, manufacturing, and servicing of equipment for the oil and gas sector, with a particular focus on offshore jacking systems, skidding equipment, drilling equipment, and crane components. Formura holds API Spec Q1 (10th edition) and API Spec Q2 certifications, making it among the first Indian companies to achieve API Q2 recognition from DNV. The company is also accredited with ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 45001:2018 (Occupational Health and Safety). From a 98 sq. m. machine shop in 2018, Formura has expanded to a 14,000 sq. m. manufacturing facility in Anand, Gujarat. The company has global offices in Qatar (FORMURA ENERGY TRADING AND SERVICES LLC), Singapore (FORMURA OFFSHORE ENERGY PTE LTD), and the USA (FORMURA OFFSHORE ENERGY LLC). Clients include Aban Offshore (India), ADES (Saudi Arabia and Egypt), GDI (Qatar), Seafox (Dubai and Qatar), Dynamic Drilling (India), and Faith Energy (USA). Revenue was approximately INR 20.3 crore (FY2025).