Industrialization and Energy Services Company completed the acquisition of Al Mansoori Petroleum Services.

Industrialization and Energy Services Company (TAQA), an oil and gas exploration and production company, completed the acquisition of Al Mansoori Petroleum Services (AMPS), a provider of oilfield services. Financial terms were not disclosed. "I would like to thank our shareholders for their trust in TAQA and their commitment to support this major transaction. This is a big step for TAQA in its journey to realise the ambitious goals of Saudi Arabia's Vision 2030." Eng Ahmed Al Zahrani, TAQA Chairman of the Board.