|
|
Article: Private equity targets Middle East offshore marine.
- Article from:
- Albawaba.com
- Article date:
- April 28, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. 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)
|
Private equity targets Middle East offshore marine
Regional and worldwide suppliers to showcase products and services at Middle East Workboats 2008, the region's only dedicated event of its kind
Driven by the strong demand for offshore service vessels across the oil and gas sector and for land reclamation projects in the Middle East, private equity funds and firms are turning their attention to the region's workboats industry, according to a leading financial expert.
With deals in other parts of the world drying up because of the credit crunch, the Middle East offshore marine market is seeing the introduction of significant private equity ...