MB Group - 80% Stake Sale of MB Petroleum to ADNOC Drilling
AMJ is proud to have advised MB Group on the strategic sale of an 80% stake in its oilfield services subsidiary, MB Petroleum Services LLC (MBPS), to ADNOC Drilling. Our team comprising of Mr. Mansoor J. Malik (Senior Partner) and Chaudhry Ali (Associate) advised MB Group as Omani law counsel. Herbert Smith Freehills Kramer LLP acted as MB Group’s international counsel on the transaction. This landmark transaction, one of the most significant in the regional energy sector, underscores our firm’s deep expertise in Omani corporate and M&A law.
We are grateful to have been part of this deal and congratulate all parties involved in reaching this major milestone.
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