Integrated Oil and Gas Business for Sale in Baku, Azerbaijan

Active API and ISO-certified workshop consists of a machine shop and a welding shop, with all machinery, gauges, and measuring instruments. All the detailed list of assets will be available upon request.

The buyer will get all the tangible and intangible assets of the welding shop and machine shop for USD 1.5 million. The buyer will not get the legal entity.

Supplying drilling equipment to the oil and gas industry. We also provide equipment and tools on a rental basis and repair drill pipes' thread connections, repair stabilizers and sleeves, sell drilling equipment, and supply rope-soap-and-dope. The end users are: Oilfield Operators, National Oil companies, oil & gas drilling contractors, subcontractors, regular and directional drilling, BOP service suppliers.

The Company has the following assets:

1) Full machine shop and welding shop assets that are running and operational.

2) Used well-control equipment and stock.

3) Stabilizers, nonmag string, and regular stabilizers 12 pcs.

4) Office furniture.

5) Office computers and stationeries.

Intangible assets include:

6) Certification and licenses, reputation and name in the market, and qualifications.

- Rented space of 1-hectare area of the yard with about 1,000 sq m built-up area for a machine shop in Baku city.

- Rented office of 130 sq m at Hayat Regency in downtown Baku city.

- There are 2 shareholders with 51% and 49% shares.

- The Business is active with operational loans/bank credits which are required to keep up cash flow;

- The company has the best bank references;