About Us​

Our Story

Where We Build Your Visions

ANCO has a strong track record in delivering value for our clients through cost-effective good construction.  Our focus is on meeting our client’s goals for their drilling projects, whilst ensuring safe, effective, trouble-free operations. Our presence in most key energy regions and our focus on developing local personnel means we are well placed to continue to successfully deliver for our clients whilst developing local value and skills in the countries in which we operate

  • Professional Specialist
  • Brilliant Ideas
  • Precise Builders
  • 24/7 Assiatance

Risk Management

We are committed to the identification, evaluation, and control of risks to our business objectives, including risks associated with climate change. Aligned with this, our Risk Management Policy helps us make risk-informed decisions in line with our Core Values. This policy details the risk management roles and responsibilities of our Board, who have overall ownership of our strategic and material risks and are responsible for ensuring an effective risk management framework; our Executive Leadership Team, who manage and report on risks in their areas of the business; and our employees, all of whom are required to know, understand and act in accordance with our established risk management procedures. Key risk situations are referred to the Group’s Risk Management Committee (RMC) on an ongoing basis. This committee sits weekly or more frequently as required, and is comprised of the CEO, O/M, and General Counsel. The RMC supports the Board and has responsibility for embedding risk management throughout the organization by • Implementing consistent Risk Management Policy, World Wide Standards, and associated processes • Identifying and evaluating key risks faced by the ANCO• Ensuring the risk framework is in place and appropriate ownership exists for the relevant risks and mitigation controls • Regularly reviewing the effectiveness of the risk management processes and associated controls In addition, the Group manages risk through the application of standard contracting principles in dealings with clients.

Major Accident Hazards ​

We are continually developing our mitigations against major accident hazards. We identify actions and physical interventions which can act as barriers to prevent hazards from developing into accidents or from escalating into major incidents if accidents do occur. Hazards that are managed in this way include the release of hydrocarbons, shallow gas, the release of pressure, working at height, dropped objects, personnel exposure to non-breathable atmospheres, lifting, stability, and vehicle use. Information on barriers to prevent these hazards is included in the materials provided to rig workers. Emergency response operations are practiced every week on our rigs and on an annual basis in our less high-risk locations.

Learning From High Potential Incidents

Preventing high-potential incidents from dropped objects and lifting operations remains a priority. We focus on learning from incidents and ensure these are communicated and actioned across the organization using our Knowledge Management System (KMS) and Case Action Tracking System. Immediate alerts are published on a tablet – used on rig sites to complete safety tasks including Toolbox Talks and Active Monitoring – to ensure teams are alerted of any incidents occurring on other operations as soon as possible. Building on alerts developed in response to high-potential incidents, we launched a program on rig tablets that presents crews with the most appropriate safety lessons learned from past operations.