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Press Release

MB acquired 51% of Century
MB Holding acquired 51% of Century drilling and formed a holding company, MB Century Holding. MB Century has 11 drilling Rigs with annual revenues of US$ 110 million. MB Century brings diversification to MB Petroleum Services in terms of rig fleet, geographical markets and clients.

Petrogas signs 15 years Agreement on Rima
Petrogas has signed 15 years agreement with PDO and Oman Oil to manage Small fields in Rima, Oman. Under the contract, Petrogas will cost-effectively raise production levels at the Rima cluster while at the same time be also responsible for overall development of the cluster.

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