The deal sees MSE take ownership of new electronic line, perforating and logging services and assets in the country and enhances MSE's delivery in providing perforation and cased hole logging solutions to the international oil and gas industry.
A new company, AlMansoori Logging Services (Thailand) LTD (MLS) has been formed, headed by managing director Martin Tilbrook. Eight staff have been employed by MLS and more are expected to follow
As part of the deal. MSE is currently working with Thai national oil company PTT to provide perforating services for the onshore S1 field in the Pitt San Ulok region of central Thailand, and with Canadian exploration and production company Pan Orient Energy to deliver perforating and cased hole logging services in the onshore Wichian Bury area 260 km North of Bangkok.
MSE managing director Nabil Alalawi said: "The acquisition of these logging assets is of tremendous significance to us. It enhances our position strategically in South East Asia, and will hopefully provide a springboard for further activity in the region.
"It also strengthens AlMansoori's business model. It has been our intention to add perforating and cased hole logging to our existing business sectors to create a fully integrated well solutions company. This was evidenced by our acquisition of the Tubing Conveyed Perforation division of Energy Inc in Egypt earlier this year and has been augmented by our current acquisition."
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AlMansoori strengthens business with Asian expansion
- United Arab Emirates: Tuesday, September 04 - 2007 at 16:48
- PRESS RELEASE
AlMansoori Specialized Engineering (MSE), UAE, has strengthened its core services and geographic offering by acquiring additional logging assets in Thailand.
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AlMansoori Specialized Engineering (MSE) is the leading regional provider of oilfield services in the Middle East. Established in Abu Dhabi in 1977, the company now has more than 900 employees working in 15 countries providing a variety of oilfield services. AlMansoori Specialized Engineering provides the following oilfield services:Slickline & Completions
Production Testing & Early Production Facilities
Tubular & Industrial Inspection
Cased Hole Logging & Perforating
Mud Engineering & Fluid Filtration
Safety & Technical Training
Oilfield Supplies, Trading, & International Agencies
Manpower Supply
Oilfield Rentals
Directional Drilling Services
In addition, AlMansoori Specialized Engineering has entered into joint venture associations and licensing arrangements with several internationally recognised companies in order to provide a wider range of services to its clients. It has gained a reputation and the confidence of our valued customers by providing a complete range of products and services through our principals with whom we have established agency agreements in the different territories covered.
AlMansoori Specialized Engineering and its associated companies have modern, world-class facilities equipped with state-of-the-art technology and backed by well-qualified staff from more than 35 different nationalities to serve the needs of its clients.
AlMansoori Specialized Engineering is proud to be one of the few companies from the region to have an integrated Health, Safety, Environment and Quality management system. For further details visit our website www.almansoori.biz
For further information, contact:
Media contact: Andrew Bradshaw at Fifth Ring Integrated Corporate Communications on +44 1224 628071
Posted by Lara Lynn Golden, News EditorTuesday, September 04 - 2007 at 16:48 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Wed Sep 05 2007.
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