TAQA buys 25% stake in oilfield chemicals firm OPT
- Date: 15-Nov-2020
- Source: Arab News
- Sector:Oil & Gas
- Country:Saudi Arabia
TAQA buys 25% stake in oilfield chemicals firm OPT
TAQA buys 25% stake in oilfield chemicals firm OPT
TAQA buys 25% stake in oilfield chemicals firm OPT
Headquartered in Houston, OPT is a fast-growing oilfield chemicals company focusing on providing specialty chemicals for well construction and stimulation.
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TAQA buys 25% stake in oilfield chemicals firm OPT
Updated 15 November 2020
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Saudi Arabia's Industrialization and Energy Services Company (TAQA) announced that it has agreed to acquire a 25 percent stake in OPT Petroleum Technologies Company Limited. Headquartered in Houston, with a presence in China, Southeast Asia, and the UAE, OPT is a fast-growing oilfield chemicals company focusing on providing specialty chemicals for well construction and stimulation.
TAQA's strategic partnership with OPT secures access to world-class specialty chemicals and products, which comprise a key component of the success and differentiation of TAQA's services. Inspired by