Interserve acquires Oman Construction
- Oman: Tuesday, January 08 - 2013 at 05:09
UK-based support services and construction group, Interserve has acquired The Oman Construction Co (TOCO) for $41.3m, Muscat Daily has reported. TOCO is a subsidiary of Willbros Middle East, a unit of Willbros Group Inc., a US-based global contractor specialising in energy infrastructure for oil, gas and power industries. "The acquisition expands Interserve's service offering in Oman, a key growth market offering $2.5bn of oil, gas and power contracts per annum, through a broad suite of Engineering, Procurement and Construction (EPC) and maintenance services offered to international oil companies both in Oman and across the region," said Interserve.
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