MB Petroleum Services Overview
- Year Founded
-
1982
- Status
-
Acquired/Merged
- Employees
-
2,000
- Latest Deal Type
-
M&A
- Financing Rounds
-
2
- Investments
-
2
MB Petroleum Services General Information
Description
Provider of cost-effective drilling and integrated well services catering to clients worldwide. The company offers a range of services, including drilling, workover, well testing, coiled tubing, nitrogen and pumping services, mud logging, drilling fluids, wireline services, and completion services.
Contact Information
Website
www.mbpetroleum.com(Operating Subsidiary)
Corporate Office
- PO Box 695
- CPO Seeb, Sultanate of Oman
- Muscat, 111
- Oman
Corporate Office
- PO Box 695
- CPO Seeb, Sultanate of Oman
- Muscat, 111
- Oman
MB Petroleum Services Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
MB Petroleum Services Signals
MB Petroleum Services Investments & Acquisitions (2)
MB Petroleum Services’s most recent deal was a Joint Venture with Joint Venture (Aamal Readymix / Mohammed Al Barwani Oil Services). The deal was made on 02-Oct-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Joint Venture (Aamal Readymix / Mohammed Al Barwani Oil Services) | 02-Oct-2025 | Joint Venture | Other Energy Services | ||
| Balance Point Control | 05-Sep-2023 | Merger/Acquisition | Other Energy Services |
MB Petroleum Services Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Balance Point Control | Emmen, Netherlands | 1999 |
MB Petroleum Services FAQs
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When was MB Petroleum Services founded?
MB Petroleum Services was founded in 1982.
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Where is MB Petroleum Services headquartered?
MB Petroleum Services is headquartered in Muscat, Oman.
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What is the size of MB Petroleum Services?
MB Petroleum Services has 2,000 total employees.
-
What industry is MB Petroleum Services in?
MB Petroleum Services’s primary industry is Energy Refining.
-
Is MB Petroleum Services a private or public company?
MB Petroleum Services is a Private company.
-
What is the current valuation of MB Petroleum Services?
The current valuation of MB Petroleum Services is .
-
What is MB Petroleum Services’s current revenue?
The current revenue for MB Petroleum Services is .
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How much funding has MB Petroleum Services raised over time?
MB Petroleum Services has raised $272M.
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When was MB Petroleum Services acquired?
MB Petroleum Services was acquired on 04-May-2026.
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Who acquired MB Petroleum Services?
MB Petroleum Services was acquired by Abu Dhabi National Oil Company.
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