Oil Services Company Investment Opportunity in Abu Dhabi, UAE
Contractor of specialized maintenance services for oil and gas companies seeks funds.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 500 - 1000 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 22 million |
| Run Rate Sales | USD 23 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Oil Services |
| Locations | Abu Dhabi |
| Local Time | 1:29 AM Asia / Dubai |
| Listed By | Management Member |
| Status | Moderately Active |
Partial Stake Sale
USD
16.3 million
for
40.0%
stake
(Native Currency: AED 60,000,000)
Reason: The company requires funds for working capital and to reduce the company's dependency on bank facili...
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Includes physical assets worth
USD
22 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(213.3 KB)
Business Overview
- Maintenance contractor for onshore and offshore oil and gas projects.
- Our main services include scaffolding, paintings, and blasting.
- We are one of the ADNOC maintenance contractors.
- We hold a running ADNOC project worth AED 300 million. We have completed 2 years in this project with 2.5 years remaining.
- ADNOC is a reliable customer and never delays payments.
- Our company's bank liabilities total about AED 45 million.
- The company has two equal shareholders. One is the controlling owner while there is one sponsor.
- Our main services include scaffolding, paintings, and blasting.
- We are one of the ADNOC maintenance contractors.
- We hold a running ADNOC project worth AED 300 million. We have completed 2 years in this project with 2.5 years remaining.
- ADNOC is a reliable customer and never delays payments.
- Our company's bank liabilities total about AED 45 million.
- The company has two equal shareholders. One is the controlling owner while there is one sponsor.
Products & Services Overview
We provide services like anti-corrosion painting, blasting, scaffolding, passive fireproofing, industrial insulation, fireproofing for cables, and pipeline wrapping and coating.Our services are targeted toward onshore and offshore oilfields.
Assets Overview
Our physical assets have a total book value of AED 81.4 million. The company's property, plant, and equipment are worth AED 60.3 million; right-of-use assets are worth AED 21.1 million.These assets include the scaffolding material, installation equipment, and vehicles.
Facilities Overview
The company's leased headquarters are located in Abu Dhabi, UAE. The work is carried out on the client's onshore and offshore oil fields.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysOwner, Investment Consulting, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Oil Services Company Investment Opportunity in Abu Dhabi, United Arab Emirates
·Invest in Oil Services Company in Abu Dhabi, United Arab Emirates
·Investment Opportunity in Abu Dhabi, United Arab Emirates
·Oil Services Company Investment Opportunity
·Invest in Abu Dhabi, United Arab Emirates
·Invest in Oil Services Company
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