Saudi 'Taqa' Grows Oil Services via Acquisitions

Saudi Energy Company 'Taqa' has expanded its oil and gas services through the acquisition of specialized companies, as part of its strategy to enhance its global presence and broaden its service portfolio. The company operates in 23 countries and holds hundreds of contracts in oil field services, with a focus on geographical expansion through acquisitions and the addition of new services to both local and international markets. This includes exploration and production of oil and gas, as well as providing comprehensive services, with particular attention to markets such as Turkey, Syria, and the Gulf. The company's goal is to develop competitive technologies and services, leverage its operational base to face challenges, and increase its global market share.

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