https://www.taxtmi.com/news?id=51604 Acquisition of Quippo Oil & Gas Infrastructure Ltd by Hazoor Multi Projects Ltd was completed through a competitive Swiss Challenge process via a subsidiary route, effecting HMPL's strategic entry into upstream oil and gas. The transaction transfers Quippo's drilling rigs, technical workforce, and diversified oilfield services to HMPL, expanding its qualification for offshore and integrated energy contracts, creating recurring revenue potential from rig leasing and field services, and enabling platform-level synergies with HMPL's existing EPC and shipyard operations. en-us Tue, 05 Aug 2025 18:16:03 +0530 Tue, 05 Aug 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51604 Acquisition of Quippo Oil & Gas Infrastructure Ltd by Hazoor Multi Projects Ltd was completed through a competitive Swiss Challenge process via a subsidiary route, effecting HMPL's strategic entry into upstream oil and gas. The transaction transfers Quippo's drilling rigs, technical workforce, and diversified oilfield services to HMPL, expanding its qualification for offshore and integrated energy contracts, creating recurring revenue potential from rig leasing and field services, and enabling platform-level synergies with HMPL's existing EPC and shipyard operations. News - Tue, 05 Aug 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=51604