Dubai's Greenstone, Sipco sign partnership


(MENAFN) Greenstone Equity Partners, a Dubai-based and internationally experienced fund placement firm, announced it has joined forces with Samurai International Petroleum, (Sipco) to meet rising investor demand for global investment opportunities in offshore oil projects, Gulf Daily News reported.

Greenstone said that it will collaborate with US-based Sipco, to enable them to develop new relationships with GCC-based investors in the region to raise capital for two major oilfield projects located in the Gulf of Mexico.

'We are excited to introduce two large deep water assets , one currently producing and one greenfield development ', to Middle East investors. Both already have significant proven reserves and are expected to be of the standard that yields the best pricing in the crude oil market. We selected Sipco as its team is renowned for quality and innovation, with a strong history of success delivering greenfield initiatives and developments in the Gulf of Mexico as well as remote or difficult locations around the globe,'" Greenstone Equity Partners chief executive said.


MENAFN

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