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Dalma Energy LLC, promoted by the Al Qahtani Investments LLC, UAE acquired the Drilling Business of Aabar Petroleum Investments PJSC as an ongoing business with all assets, contracts, manpower etc. The acquisition was completed in February 2008. Dalma Energy became a wholly owned subsidiary of Al Qahtani Investments LLC. Dalma Energy operates through a wholly owned subsidiary in Oman with branches in Saudi Arabia and Algeria. Dalma Energy owns and operates 31 land rigs throughout the gulf region, Asia and North Africa.