Gulf Capital Swings Deal For Dubai Oilfield Services Co.

Law360, New York (February 13, 2013, 1:30 PM EST) -- Private equity firm Gulf Capital has picked up a majority stake in Dubai-based OCB Oilfield Services FZCO, bolstering its muscle in the offshore oil and gas industry and laying out plans for a massive expansion of the company, it said Wednesday.

The buy gives Gulf Capital additional exposure in the growing offshore service industry as well as a market leader in the niche field of outsourcing crews and offering logistics services in the Middle East, Southeast Asia and Africa. Jumping off the foundation OCB has built...
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