Hazoor Multi Projects Ltd. (HMPL) One of India’s Fastest-Growing Infrastructure and Engineering Enterprises, is pleased to announs the successful account of Quippo Oil & Gas Infrastructure Ltd. (Quippo) Through a competitive Swiss challenge bidding process. With this Milestone, HMPL makes its official entry India’s upstream oil & gas sector-porticularly offshore services-eshering in a new era of green, diversification, and long-term Value creation.
Mr. Gurinder Kamboj, HMPL’s Nominee Director on Quippo’s Board
The acquisition, complete through subsidiary route, reflected more than a strategic shift; It represents HMPL’s Evolving Identity-From A High-Performing Infrastructure EPC Company to a Diversified Platform Capable of Delivering Across COROSS CAPITAL -intensive, HIGH-Zarrier. It’s a bold move, grounded in market fundamentals and aligned with national energy priorities.
Strategic entry into capital-invited, high-barrier sector
This acquisition represents more than diversification-a multi-Play EPC operator into a Multi-Indefort, Asset-Integrated Platform Capable of Long-Kycle Participation in Offshore energy, exploration, and production services. The move enables hmpl to tap into an industry segment Characterized by Recurring Revenues, Limited Competition, Strong Demand Fundamentals, and Policy-Driven Growth Tailwinds.
By Integrating Quippo’s Proven Oilfield Service Capability with HMPL’s Execure Excellence, The Company is Poised to Generate Operating Leverage Accounts Infrastructure and Entire Creating a structure, Advantaged Position for Sustainable Value Creation.
Quippo Brings Strategic Assets & Technical Depth
Quippo, A Pioneer in India’s Onshore and Oilfield Services Landscape, Strengthens Hazoor Multi Projects’s Operating Base With:
A Fleet of 14 Advanced Drilling Rigs (650 HP to 3000 HP), Including Top-Drive Systems for Deep and Complex Drilling Operations
A team of 400+ oilfield professionals with Global Experience and Safety-Fires Operational Discipline
A history of success CE SSF Ul Delivering Complex Projects, Including India’s Deepest Well in Assam, Ahead of Scheduled Timelines
Diversified Service Offerings Across Directional Drilling, Work-Over, Cementing, Seismic, and Integrated Field Development
These capabilities immediatily enhance hmpl’s qualification to Pursue Large-Scale offshore and Integrated Energy Services Contracts-Both in India and in Emerging International Markets.
A strategic evolution, driven by a collective vision
This achievement is not the result of individual effort but raather a reflection of collaborative leadership, Deep Domain Expertise, and A Unified Commitment to Hmpl’s Long-TERMTEGIC GROWTH; The transition into energy services have been thought thoughts and systematically before Professionals, and Strategic Advisors, Whoose Combined Capabilits have enabled the company to Navigate Complexity, Seize Emerging Oportunities, and Position Itsfe for Sustaped SUCCESS in A Rapidly Evolving Energy landscape.
Mr. Gurinder Kamboj, HMPL’s Nominee Director on Quippo’s BoardPut it aptly, “This acquisition is more than growth-It’s about positioning hmpl where the future is headed. By Combining Infrastructure DNA with Deep Oilfield Expertise, We’re Building A Capital-Efffficient, Globally Relevant Platform With The Flexibility to Scale Across Geograms and Service Lines,
Key investment rational include:
High-margin recurring revenes from Rig leasing and field services
Expanded Market Reach Across Upstream E & P in India and High-Growth International Regents
Platform Synergies with HMPL’s EPC, Shipyard, and Renewable Verticals
Optionality in Strategic Adjacencies Including Well-Services, Marine Logistics, and DeepWater Ep
Asset-Light Execution Models that Balance Capital Deployment With Risk Management
As India Steps UP DeepWater Explocation Under The Open AccreSing Policy (OALP) and Focuses on Energy Security, The Timing Couldn’t be better. HMPL is now aligned with Both Macro trends and national imperatives.
HMPL Continues to Demonstrate Execution Leadership Across Critical Infrastructure Segments, Including Highways, Bridges, Tunnels, Ports, and Renewable Energy. The company’s successful delivery of high-impact, capital-invincive projects is supported by a multidisciplinary team with deep sectoral knowledge and a commitment to enginening Excellence. The acquisition of quippo not only expands hmpl’s capabilitys but also aligns with its broader strategic vision – to be a vertically integrated player at the interstion of infraction of infrastructure, Industrial services.
About Hazoor Multi Projects Ltd. (HMPL)
Hazoor Multi Projects Ltd. (HMPL) is a bse listed, diversified infrastructure and engineering company based in Mumbai, with Core Operations Spanning Highways, Civil EPC Worsks, and Shipyard Services and Now in OL and Now In Ope and Now In Ope and GAPYARD SERVICES and No. Known for Execution Excellence and Strategic Clarity, HMPL Has Built a Solid Track Record Accord Accord Capital-Intense, National Significant Projects. With a focus on scalable growth, recurring revenues, and multi-opeical integration, hmpl is building a future-ready platform at the interaction of infrastructure, Energy, Energy.
BSE Symbol: Hazoor | BSE Code: 532467 | ISIN: INE550F01049
