Waha Capital plans to switch focus to the oil and gas services sector after fourth-quarter profits fell by almost half.
Abu Dhabi's Waha, which is best known for its aircraft leasing business, is aiming to acquire further assets in the hydrocarbons services sector.
"One of the sectors we're very interested in is the oil and gas support service sector, mainly focusing on the offshore support vessel space," said Salem Al Noaimi, Waha's chief executive. "We have specific targets, [we are] looking at three or four opportunities."
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