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MB Group Announces 80% Strategic Stake Sale of MB Petroleum Services (MBPS) to ADNOC Drilling

MB Group Announces 80% Strategic Stake Sale of MB Petroleum Services (MBPS) to ADNOC Drilling

by Ammar Al Naaimi | Nov 5, 2025 | Uncategorized

Muscat: MB Group has announced a strategic sale of 80% of its oilfield services subsidiary, MB Petroleum Services MENA (MBPS), to ADNOC Drilling, with MB LLC retaining a 20% stake of MBPS, marking a historic milestone in the MB Group’s journey as a diversified private...

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