Enersol to acquire 51% stake in NTS AMEGA for $58M

Enersol RSC LTD, a joint venture of ADNOC Drilling and Alpha Dhabi Holding, has agreed to acquire a 51% equity stake in NTS AMEGA, a provider of advanced manufacturing and tool repair for the oil and gas sector, for approximately $58 million.

“Enersol RSC LTD, the joint venture of ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC, has agreed to acquire a 51 percent equity stake in NTS AMEGA for a consideration of approximately $58 million.”rigzone.com

• 1 source
• rigzone.comADNOC Drilling JV to Acquire Stake in Drilling Solutions Firm | RigzoneRocky TeodoroJul 17, 2024

Summarized from public sources; check the original articles before acting on it.