By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Matlabi NewsMatlabi NewsMatlabi News
  • Entertainment
    • Blasting OTT
    • Movie mania
    • Cricket Dhamaka
    • Trending gossip
    • TV Drama Fun
    • Weekend fun
    Entertainment
    From Bollywood to Movie updates all Entertainment news at your fingertips here.
    Show More
    Top News
    Pradeep Ranganathan
    Pradeep Ranganathan Age, Movie, Salary, Relationships and More 2025
    16 March 2025
    Top 10 Ullu New Web Series list
    Top 10 Ullu Web Series list
    7 September 2024
    IPL Champions League winners list of all time
    23 June 2024
    Latest News
    Why Maggi Noodles Are Still the Best Noodles in India – A 2-Minute Read To Know All!
    11 October 2025
    Who is Maria Corina Machado? Biography, Political Journey & Latest News 2025
    11 October 2025
    Who was Varinder Singh Ghuman? Know all about his death and life journey 2025
    11 October 2025
    List of Newlywed Celebs’ First Karwachauth 2025!! A New Chapter of Love and Rituals
    10 October 2025
  • Travel
    Travel
    And then there is the most dangerous risk of all — the risk of spending your life not doing what you want on the bet…
    Show More
    Top News
    travel
    6 Short trips from Delhi. 5th one is best!! 
    19 May 2024
    Water Activities
    5 Best Water Activities To Do in Summers of 2025
    9 June 2025
    The Eldest Son Indian Millionaire Akash Ambani and everything about him 2024
    23 November 2024
    Latest News
    Celebrate with Navratri Wishes and Know the 9 Goddesses of Navdurga 2025
    22 September 2025
    Best Instagram Trending Songs That Will Make Your Reels Viral in 2025
    20 September 2025
    Shilpa Shetty’s Restaurant Bastian at the Top is Shutting Down in 2025
    4 September 2025
    Top 5 best places to travel solo female in india 2025
    3 September 2025
  • Fashion
    Fashion
    Celeb fashion to complete style guides and essentials all for you at your finger tips
    Show More
    Top News
    matlabinews
    Golden Icon Gears Up for Asia’s Most Prestigious Awards Night
    27 February 2025
    matlabinews
    Jubilant Biosys Limited Seals Deal with Pierre Fabre SA
    27 February 2025
    matlabinews
    Thiru. MA. Subramanian, Hon’ble Minister for Health and Family Welfare, Government of Tamil Nadu Addresses the Yoga National Conclave – 2025
    27 February 2025
    Latest News
    Nagma Mirajkar Proves She Is the Ultimate Fashion Diva of Bigg Boss 2025
    23 September 2025
    How to make Rakhi at Home: Easy and Beautiful for Brothers 2025
    14 July 2025
    Top 10 Luxury Watch Brands One Can Own this Year to Look Stylish and Chic
    5 June 2025
    Top 5 Fashion Trends to Try This Monsoon 2025
    4 June 2025
  • Health
    Health
    The human body has been designed to resist an infinite number of changes and attacks brought about by its environment. The secret of good health…
    Show More
    Top News
    matlabinews
    Jubilant Biosys Limited Seals Deal with Pierre Fabre SA
    27 February 2025
    5 Best and Effective Foods to reduce joint pain
    10 May 2024
    matlabinews
    Thiru. MA. Subramanian, Hon’ble Minister for Health and Family Welfare, Government of Tamil Nadu Addresses the Yoga National Conclave – 2025
    27 February 2025
    Latest News
    Why Maggi Noodles Are Still the Best Noodles in India – A 2-Minute Read To Know All!
    11 October 2025
    Yasmin Karachiwala Age, Biography, Family, Net Worth and More Info 2025
    19 July 2025
    The Panchayat Fame Asif Khan Suffers from Heart Attack in 2025. Know all about him
    16 July 2025
    Top 5 Food Bloggers in India You Must Follow in 2025
    5 July 2025
  • Business
    • Finance and Investing
    BusinessShow More
    Maggi Noodles
    Why Maggi Noodles Are Still the Best Noodles in India – A 2-Minute Read To Know All!
    11 October 2025
    matlabinews
    The Art of Living: Why Luxury Homes Are About Experiences, Not Just Assets
    11 October 2025
    matlabinews
    Amway India Unveils Artistry Skin Nutrition’s Next-gen Skincare Powered by the Goodness of Nutrilite
    11 October 2025
    matlabinews
    Maitri Cultural Economy Summit by MaitriBodh Parivaar Presents Policies for a Culture-Linked Economy
    11 October 2025
    matlabinews
    Kriti Sanon Breaks Through Labels in Campus Shoes’ New ‘You Go, Girl!’ Campaign
    11 October 2025
  • Bookmarks
  • Contact Us
Search
© 2024 Matlabi News All Rights Reserved.
Reading: Hazoor Multi Projects Acquires Quippo Oil and Gas Infrastructure
Share
Notification Show More
Font ResizerAa
Matlabi NewsMatlabi News
Font ResizerAa
  • Entertainment
  • Travel
  • Fashion
  • Health
  • Business
  • Bookmarks
  • Contact Us
Search
  • Entertainment
    • Blasting OTT
    • Movie mania
    • Cricket Dhamaka
    • Trending gossip
    • TV Drama Fun
    • Weekend fun
  • Travel
  • Fashion
  • Health
  • Business
    • Finance and Investing
  • Bookmarks
  • Contact Us
Follow US
© 2024 Matlabi News All Rights Reserved.
BusinessTechnology

Hazoor Multi Projects Acquires Quippo Oil and Gas Infrastructure

matlabinews.com
Last updated: 6 August 2025 07:19
matlabinews.com - Thoughtful Word Crafter
Share
6 Min Read
matlabinews
matlabinews.com
SHARE

Hazoor Multi Projects Ltd. (HMPL) one of India’s fastest-growing infrastructure and engineering enterprises, is pleased to announce the successful acquisition of Quippo Oil & Gas Infrastructure Ltd. (Quippo) through a competitive Swiss Challenge bidding process. With this milestone, HMPL makes its official entry into India’s upstream Oil & Gas sector-particularly offshore services-ushering in a new era of growth, diversification, and long-term value creation.

https://www.newsvoir.com/images/article/image1/32783_Image_HPML_person.jpg

Mr. Gurinder Kamboj, HMPL’s nominee Director on Quippo’s board

The acquisition, completed through subsidiary route, reflects 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 capital-intensive, high-barrier industries. It’s a bold move, grounded in market fundamentals and aligned with national energy priorities.

Strategic Entry into Capital-Intensive, High-Barrier Sector

This acquisition represents more than diversification-it signals HMPL’s transition from a pure-play EPC operator into a multi-vertical, asset-integrated platform capable of long-cycle 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 capabilities with HMPL’s execution excellence, the company is poised to generate operating leverage across infrastructure and energy verticals, creating a structurally advantaged position for sustainable value creation.

Quippo brings Strategic Assets & Technical Depth

matlabinews
The Art of Living: Why Luxury Homes Are About Experiences, Not Just Assets

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-first operational discipline

  • A history of suc 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 immediately 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

matlabinews
Amway India Unveils Artistry Skin Nutrition’s Next-gen Skincare Powered by the Goodness of Nutrilite

This achievement is not the result of individual effort but rather a reflection of collaborative leadership, deep domain expertise, and a unified commitment to HMPL’s long-term strategic growth; the transition into energy services has been thoughtfully and systematically being executed by a strong, multidisciplinary team comprising project engineers, oilfield specialists, finance professionals, and strategic advisors, whose combined capabilities have enabled the company to navigate complexity, seize emerging opportunities, and position itself for sustained success in a rapidly evolving energy landscape.

Mr. Gurinder Kamboj, HMPL’s nominee Director on Quippo’s board, put 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-efficient, globally relevant platform with the flexibility to scale across geographies and service lines.”

Key investment rational include:

  • High-margin recurring revenues from rig leasing and field services

  • Expanded market reach across upstream E&P in India and high-growth international regions

  • Platform synergies with HMPL’s EPC, shipyard, and renewable verticals

  • Optionality in Strategic Adjacencies including well-services, marine logistics, and deepwater EP

    matlabinews
    Maitri Cultural Economy Summit by MaitriBodh Parivaar Presents Policies for a Culture-Linked Economy
  • Asset-light execution models that balance capital deployment with risk management

As India steps up deepwater exploration under the Open Acreage Licensing 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-intensive projects is supported by a multidisciplinary team with deep sectoral knowledge and a commitment to engineering excellence. The acquisition of Quippo not only expands HMPL’s capabilities but also aligns with its broader strategic vision – to be a vertically integrated player at the intersection of infrastructure, energy, and 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 works, and shipyard services and now in Oil and Gas Sector. Known for execution excellence and strategic clarity, HMPL has built a solid track record across capital-intensive, nationally significant projects. With a focus on scalable growth, recurring revenues, and multi-vertical integration, HMPL is building a future-ready platform at the intersection of infrastructure, energy, and industrial technology.

BSE Symbol: HAZOOR | BSE Code: 532467 | ISIN: INE550F01049

Why Maggi Noodles Are Still the Best Noodles in India – A 2-Minute Read To Know All!
The Art of Living: Why Luxury Homes Are About Experiences, Not Just Assets
Amway India Unveils Artistry Skin Nutrition’s Next-gen Skincare Powered by the Goodness of Nutrilite
Maitri Cultural Economy Summit by MaitriBodh Parivaar Presents Policies for a Culture-Linked Economy
Kriti Sanon Breaks Through Labels in Campus Shoes’ New ‘You Go, Girl!’ Campaign
Share This Article
Facebook Copy Link Print
Bymatlabinews.com
Thoughtful Word Crafter
Follow:
MatlabiNews.com is your go-to destination for the latest updates and insights across entertainment, fashion, business, and technology. We bring engaging and informative content to keep you updated on trends, news, and stories that matter.Our mission is to provide reliable, fresh, and exciting articles that cater to a diverse audience. Whether you're looking for the latest tech innovations, fashion updates, business strategies, or entertainment buzz, we've got you covered!Stay informed, stay entertained—only on MatlabiNews.com! 🚀✨
Previous Article matlabinews Pearl Academy’s School of Business Partners with INSEAD XR to Bring True Immersive Learning to Life
Next Article matlabinews Visionary Entrepreneur Mohit Kamboj Appointed Group CEO of Aspect Global Ventures
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Maria Corina Machado
Who is Maria Corina Machado? Biography, Political Journey & Latest News 2025
biography Politics Trending gossip
11 October 2025
matlabinews
Denmark and India Collaborate to Advance Green Fintech at Global Fintech Fest 2025
Business Technology
11 October 2025
Varinder Singh Ghuman
Who was Varinder Singh Ghuman? Know all about his death and life journey 2025
biography Movie mania Trending gossip
10 October 2025
Karwachauth 2025
List of Newlywed Celebs’ First Karwachauth 2025!! A New Chapter of Love and Rituals
Trending gossip Entertainment
10 October 2025
matlabinews
Monkey Shoulder India Crowns Tanish Arora as the Ultimate Bartender Champion 2025
Business Technology
10 October 2025
matlabinews
Union Minister G. Kishan Reddy Launches “Maine Cancer Ko Jeet Liya” by Dr. Vijay Anand Reddy at Indraprastha Apollo Hospitals
Business Technology
10 October 2025
matlabinews
Financial District – Hyderabad’s Emerging “City within a City”
Business Technology
10 October 2025

You Might also Like

matlabinews
BusinessTechnology

Aspect Realty Revives 17-Year-Stalled Worli Project, To Deliver Fully Furnished SRA Homes

10 October 2025
matlabinews
BusinessTechnology

Blue Dart Launches Instant Digital Account Opening Platform

10 October 2025
BrandingMarketingTechnology

Workerlly Is Planning to Launch Across India Soon 2025

9 October 2025
matlabinews
BusinessTechnology

Anant National University Hosts Editor-in-Chief of ARTIndia, Reema Desai Gehi, for an Insightful Session on Contemporary Art and Media

9 October 2025
Previous Next
//

Matlabi News: Decoding the latest trends, from red carpets to real life all at your finger tips

Quick Link

  • Contact Us
  • Privacy Policy
  • About Us
  • Disclaimer
  • Advertise

Top Categories

  • Entertainment
  • Fashion
  • Travel
  • Health
  • Self Help

Sign Up for Our Newsletter

Matlabi NewsMatlabi News
Follow US
© 2025 Matlabi News. All Rights Reserved.
AdBlocker DetectedPlease allow ads on our site

Oops! It seems like you're using an ad blocker.

Ads help keep our content free, so we appreciate your support by allowing ads on our site.

Close
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?