Interserve to buy Middle-Eastern unit of Willbros

Support services and construction group Interserve is to expand its operational footprint in the oil and gas services market with the acquisition of a majority stake in Willbros Middle East.

Support services and construction group Interserve is to expand its operational footprint in the oil and gas services market with the acquisition of a majority stake in Willbros Middle East.

Interserve is spend $41.3m on an 85% interest in Willbros Middle East and its subsidiaries, which provides oil field maintenance, construction and logistics services. The group highlighted the foremost division, The Oman Construction Company (TOCO).

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