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MBPS Secures $127.3 Million Kuwait Drilling Contract to Supply Land Rigs to KOC

Nov 10, 2026

Contract Type

contract

OmanEnergyOil And GasConstruction

Description

MBPS has signed a $127.3 million contract with the Kuwait Oil Company to provide three new land rigs for drilling operations. This contract marks a significant achievement for MBPS and underscores the company's commitment to delivering high-quality services in the region.

Company Information

Company

MBPS

Location

Oman

About

MBPS is a contractor based in Oman, specializing in drilling and workover services. The company has recently secured significant contracts, showcasing its commitment to quality and client satisfaction. MBPS is majority-owned by Adnoc Drilling, a prominent UAE-based oil field services company.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.