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ADNOC Drilling completes MB Petroleum Services joint venture
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ADNOC Drilling completes acquisition of 80% stake in MB Petroleum Services
ADNOC Drilling completed its acquisition of an 80% stake in MB Petroleum Services (MBPS), a drilling and oilfield services joint venture with MB Holding Company, with operations in Oman, Kuwait, Saudi Arabia and Bahrain. The transaction closed ahead of the original mid-year timeline. Under the agreement, ADNOC Drilling, through a wholly owned subsidiary, holds an … The post ADNOC Drilling completes acquisition of 80% stake in MB Petroleum Servic…
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