ABU DHABI, 25th October, 2023 (WAM) Alpha Dhabi Holding today announced its acquisition of a 51 percent stake in NTS Amega Global, underscoring the company's unwavering commitment to enhancing its energy portfolio, with a keen focus on the oil field services sector.
With this acquisition, NTS Group, renowned for its cutting-edge manufacturing, repair, and rental solutions in the Oil & Gas sector, cements its position as a global frontrunner in producing drilling, subsea, top-side, and process components. This encompasses repairing Measuring and Logging While.
UAE-based Alpha Dhabi Holding has acquired a 51% stake in NTS Amega Global, a key provider of complex manufacturing, repair and rental solutions for the oil and gas sector, thus underscoring its unwavering commitment to boosting the energy portfolio.
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Ongoing oil discoveries, particularly in the offshore Corentyne Block, indicate that Guyana s oil boom is set to gain further momentum, becoming a major player in the global oil industry.