Archive · 5 Aug 2025
Hazoor Multi Projects Acquires Quippo Oil and Gas Infrastructure
Hazoor Multi Projects (HMPL), a company that builds things, bought Quippo Oil & Gas Infrastructure.
This lets HMPL enter the oil and gas industry.
Quippo has drilling rigs and experienced workers.
This move helps HMPL grow and aligns with India's focus on energy.
HMPL hopes to do well in this new market.
This purchase is expected to bring new opportunities for HMPL in the future.
Hazoor Multi Projects Ltd. (HMPL) acquired Quippo Oil & Gas Infrastructure Ltd.
The acquisition marks HMPL's entry into India's upstream oil and gas sector.
Quippo brings a fleet of drilling rigs and a team of oilfield professionals.
HMPL aims to generate operating leverage across infrastructure and energy verticals.
The move aligns with national energy priorities and deepwater exploration.
- Who
- Hazoor Multi Projects Ltd. (HMPL)
- What
- Hazoor Multi Projects acquired Quippo Oil & Gas Infrastructure Ltd.
- When
- August 5
- Where
- India
- Why
- To enter the upstream oil and gas sector.
- Company
- Hazoor Multi Projects Ltd. (HMPL)
- Acquired Company
- Quippo Oil & Gas Infrastructure Ltd. (Quippo)
- Sector
- Upstream Oil & Gas
- Purpose
- Diversification and expansion
- Assets
- Drilling rigs, oilfield professionals
- Location
- India
