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Asharq Al-Awsat
Asharq Al-Awsat
Business
Dhahran - Asharq Al-Awsat

Saudi TAQA Completes Acquiring 100% of Mansoori Petroleum Services

Taqa Petroleum MENA Oil
TAQA intends to expand well services worldwide (Asharq Al-Awsat)

The Industrialization and Energy Service Company (TAQA) announced the closure of its 100 percent acquisition of al-Mansoori Petroleum Services, expanding TAQA Well Solutions business internationally.

The acquisition is funded by a capital increase led by TAQA's existing significant shareholders.

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