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Enersol Strengthens Global Energy Position with New Acquisition

August 5, 2024

Enersol, the joint venture between ADNOC Drilling and Alpha Dhabi Holding, has announced a new acquisition deal that will strengthen its position in the global energy sector.

Enersol signed an agreement to acquire a 100% stake in EV Holdings Ltd., a leading global provider of visual diagnostics and analytics services in the oil and gas sector.

This deal is a strategic step for Enersol as it seeks to build an integrated technological system based on the latest technologies in the energy field. This acquisition follows two previous acquisitions of NTS Amega and Gordon Technologies, reflecting Enersol’s ambitions to become a major player in this sector.

EV has a proven track record of providing innovative solutions to the oil and gas sector, leveraging advanced technologies such as high-resolution cameras and artificial intelligence to provide accurate and rapid analysis of well problems.

The company achieved strong financial performance last year, indicating its continued growth and competitiveness.

This deal reaffirms ADNOC Drilling’s commitment to supporting ADNOC’s efforts to strengthen its position as a leading player in the energy sector.

These investments contribute to enhancing operational efficiency and developing innovative solutions for the oil and gas sector.