Petronash Holdings

Petronash Holdings

About Petronash Holdings

Waha Capital acquired a minority stake in Dubai-based Petronash Holdings, a global oilfield services and manufacturing company in October 2018. The company is a leading provider of modular wellsite packages, chemical injection systems and wellhead control systems to the oil and gas industry.

  •  2018 Revenue    approximately US$200 million

  • Employs

    600 employees Worldwide
  • 50%     The deal options to further increase Waha Capital’s stake in Petronash

Founded in 2000, Petronash employs approximately 600 people worldwide, including more than 200 Engineers and R&D Personnel.

The company is a manufacturer of specialized oilfield equipment with plants in Dubai, Houston and Dammam, and a state of art, centralized design, engineering and component-manufacturing hub in Chennai, India.

With key customers including large national oil companies from the public sector, such as Saudi Aramco, ADNOC, KOC, PDO, BP, Petronash has a strong order book of current and future projects. The company has high potential to expand further in the MENA region, and in other global oil and gas markets.

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