HFI Petroleum Technology Legal Solutions is delighted to be appointed to support Romar Abrado’s Middle East business expansion.
Led by Jason Broussard and Alan Shanks, Romar and Abrado are portfolio companies of EV Private Equity and merged in late 2020. Both companies are specialist providers in the well plug and abandonment sectors: Romar providing swarf handling and associated magnetic recovery services, whilst Abrado delivers a unique dual string section milling service. ROMAR and Abrado combined create a technology-led P&A services provider and the Middle East is a key expansion target.
HFI’s DMCC Corporate & Compliance Solutions initiative was launched in October 2020 and we have to date supported 15 petroleum technology driven companies to establish, expand and divest their businesses using the DMCC Free Zone offering as part of their wider international growth strategies.
HFI will be further rolling out the DMCC initiative at OTC in Houston, EIC’s UAE Re-Connect in Abu Dhabi, Global Energy Show in Calgary and the Energy Exports Conference in Aberdeen.