ADNOC Drilling and Alpha Dhabi JV joint venture

According to Amac News: ADNOC drilling company's announcement states that the amount agreed between the parties is about 45 million dollars from the UK-based private equity company, Dunedin.
Completion of the transaction is subject to obtaining the necessary regulatory approvals and closing adjustments, after which EV shares will be formally transferred to Enersol, the announcement said.
Headquartered in the US, EV is a leading global provider of vision-based diagnostic and analytics services for the oil and gas sector. This company has a global presence in 36 countries, including the UAE and Saudi Arabia.
EV provides well diagnostics services using a range of solutions that solve the most complex wellbore problems throughout the well life cycle.
Expert EV well diagnostics solutions through market-leading 360-degree downhole cameras, integrated camera-ultrasound technology and other tools that produce clear and visual diagnostic information to enable fast and effective evaluation of challenging well technical issues, presented.
With an EV technology center dedicated to research and development in the UK, EV is home to 116 patents and has a successful track record of bringing new and innovative products to market.
Over the next two years, EV will introduce a robust pipeline of products due to its R&D capabilities, including pipeline visualization and software analytics.
This is the third acquisition by Enersol, which last week reached an agreement to acquire 51 percent of NTS Amega, a leading global manufacturer of precision equipment and a provider of advanced solutions for the energy sector, subject to customary and regulatory approvals.
Enersol has also agreed to acquire an additional stake in Gordon Technologies, a US-based provider of downhole measurement services.