Bloomberg News

Speedy Hire Gets $50 Million Gulf Oil Deal, Mail on Sunday Says

July 29, 2012

Speedy Hire Plc (SDY), a U.K. construction equipment-leasing company, won a 32 million-pound ($50 million) order from Abu Dhabi National Oil Co., the Mail on Sunday reported, citing a company announcement.

The company will provide and manage equipment for Abu Dhabi’s Upper Zakum oil field, the world’s fourth largest, the newspaper said. Speedy Hire is attempting to boost its sales outside the U.K. to 10 percent from 3 percent currently, according to the article.

To contact the reporter on this story: Stephen Morris in London at smorris39@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus