PIF-backed Nesma to acquire Dubai-based energy services firm Kent

PIF-backed Nesma to acquire Dubai-based energy services firm Kent

Late evening sunlight is seen reflected off the Kingdom Tower in Riyadh, Saudi Arabia, on Thursday, Dec. 1, 2016. Photographer: Simon Dawson/Bloomberg

Saudi Arabian contracting firm Nesma & Partners has signed an agreement to acquire Dubai-based privately-owned energy services firm Kent, the two companies said in a statement on Tuesday.