Middle East Jack Up Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

Middle East Jack Up General Information

Description

Developer of an offshore jack-up drilling rig. The company's original contract was for two offshore jack-up drilling rigs, but after legal arbitration in 2009, the contract was reduced to one drilling rig. The rig is a Friede and Goldman Super Mod 2 design with 30,000 foot rated drilling depth and an operating water depth capability of 300 feet and with a capacity for 110 people.

Contact Information

Formerly Known As
Mosvold Middle East Jackup
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • Sharjah United Arab Emirates
Primary Industry
Construction and Engineering
Other Industries
Buildings and Property
Oil and Gas Equipment
Acquirer
Compañía Perforadora Mexico
Vertical(s)
Infrastructure, Oil & Gas, Industrials
Corporate Office
  • Sharjah United Arab Emirates

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Middle East Jack Up Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Middle East Jack Up Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Middle East Jack Up FAQs

  • When was Middle East Jack Up founded?

    Middle East Jack Up was founded in 2008.

  • Where is Middle East Jack Up headquartered?

    Middle East Jack Up is headquartered in Sharjah, United Arab Emirates.

  • What industry is Middle East Jack Up in?

    Middle East Jack Up’s primary industry is Construction and Engineering.

  • Is Middle East Jack Up a private or public company?

    Middle East Jack Up is a Private company.

  • What is Middle East Jack Up’s current revenue?

    The current revenue for Middle East Jack Up is 000000.

  • Who are Middle East Jack Up’s investors?

    Maritime Industrial Services Company, Mosvold Bulk Shipping, and Swicorp have invested in Middle East Jack Up.

  • When was Middle East Jack Up acquired?

    Middle East Jack Up was acquired on 21-Feb-2012.

  • Who acquired Middle East Jack Up?

    Middle East Jack Up was acquired by Compañía Perforadora Mexico.

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