Dubai-based oil services company NPS Energy seeks sale | The National:
"The Dubai-based oil services firm NPS Energy, which tried to sell itself to Norway’s Aker Solutions last year, has once again initiated a sale process to find a buyer, hoping to fetch up to US$700 million, sources aware of the matter said.
Aker agreed to buy NPS Energy for about $460m in May last year, including $110m in debt, but the deal collapsed in November after the two parties failed to reach a final agreement.
A formal sale process for the business was initiated earlier this year, the sources said, speaking on condition of anonymity as the matter was not public."
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