UPDATE 1-Dubai's DP World acquires Topaz Energy in $1 bln deal - Reuters:
DP World, one of the world’s largest port operators, on Monday said it had acquired Dubai-headquartered oil services and marine logistics company Topaz Energy and Marine in a deal worth $1.08 billion on an enterprise value basis.
DP World, also based in Dubai, acquired the company from Oman-listed Renaissance Services and Standard Chartered Private Equity.
Topaz, which operates in the Caspian Sea, the Middle East and West Africa, has a fleet of 117 vessels. It works with oil giants such as BP, Exxon Mobil and Saudi Aramco.
No comments:
Post a Comment