Private equity company Gulf Capital has sold its interest in offshore construction and maintenance provider Kuiper Group.
Courtesy Asian Energy Services
Among other services, Asian Energy Services has the capabilities to produce floating oil production units, FPSOs, mobile oil production units (MOPU), and onshore oil and gas terminals.
Private equity company Gulf Capital has sold its interest in offshore construction and maintenance provider Kuiper Group.
Asian Energy Services, an Oilmax company, has agreed to acquire 100% of the Kuiper Group from Gulf Capital and the founders of Kuiper and OCB Oilfield Services. The acquisition should be completed within the next two months.
Gulf Capital had initially acquired OCB, a Dubai-based supplied of offshore oil and gas crews. This later led to the company’s takeover of Singapore-based Kuiper International.
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