Experience
Sell-side Advice
Transaction advisory to Oreco on the sale to Saudi Napesco
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Company information
Oreco is a Denmark-based world leader in Automated Systems for Crude Oil Tank Cleaning, Oil Recovery from Slop-oils, and generation of Nitrogen/Oxygen gases for industrial applications.
Investor information
Saudi Napesco is a well-established API Licensed Saudi Arabian company, which is specialised in the supply of oilfield services and downhole equipment to the oil and gas industry. They provide “solutions” combining technology, experience and expertise in services such as Fishing & Remedial, Whipstock systems, Downhole Drilling Tools, which includes drilling jars, shock subs, reamers, and motors (PDMs). To compliment this, they have the capability to provide a third-party service for make/break services for most downhole tools.