Dubai: Leading oilfield services provider AlMansoori Specialised Engineering (MSE) of Abu Dhabi has strengthened its core services and geographic offering by acquiring the logging assets of Owen Oil Tools in Thailand.
The deal sees MSE take ownership of Owen's electronic line, perforating and logging services and assets in the country and enhances MSE's delivery in providing perforation and cased hole logging solutions to the international oil and gas industry.
A new company, AlMansoori Logging Services (Thailand) LTD (MLS) has been formed, headed by managing director Martin Tilbrook.
Eight staff have been employed by MLS and more are expected to follow as part of the deal.
MSE is currently working with Thai national oil company PTT to provide perforating services for the onshore S1 field in the Pitt San Ulok region of central Thailand, and with Canadian exploration and production company Pan Orient Energy to deliver perforating and cased hole logging services in the onshore Wichian Bury area, 260 km north of Bangkok.
MSE managing director Nabeel Al Alawi said: "The acquisition of the logging assets from Owen Oil Tool is of tremendous significance to us. It enhances our position strategically in South East Asia, and will hopefully provide a springboard for further activity in the region.
