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Article: Al-Mansoori raises the stakes.(Al-Mansoori acquires Gulf Petroleum Investments)(Brief article)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- July 14, 2006
CopyrightCOPYRIGHT 2006 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Abu Dhabi-based Al-Mansoori Specialised Engineering announced on 10 July that it had strengthened its local position by acquiring local service company Gulf Petroleum Investments (GPI). The deal, the value of which was not disclosed, gives Al-Mansoori full control of GPI, whose core business involves tubular inspection and wireline manpower services. The move is in line with Al-Mansoori's ...