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SIPCO, Greenstone seek Gulf fund for oil projects
Published in The Saudi Gazette on 15 - 01 - 2015

SAMURAI International Petroleum, LLC (SIPCO) and Greenstone Equity Partners have joined forces in the Gulf Cooperation Council (GCC) region to meet rising investor demand for global investment opportunities in offshore oil projects. Greenstone Equity Partners, a Dubai-based and internationally experienced fund placement firm, will collaborate with US-based SIPCO, to enable them to develop new relationships with GCC-based investors in the region to raise capital for two major oil field projects located in the Gulf of Mexico.
“We are excited to introduce two large deep water assets – one currently producing and one greenfield development – to Middle East investors. Both already have significant proven reserves and are expected to be of the standard that yields the best pricing in the crude oil market. The producing asset is particularly exciting given its large size and return profile,” said Alex Gemici, CEO of Greenstone Equity Partners. “Investors in the GCC have long had a unique relationship and unprecedented success with the oil and gas industry, and there is increasingly high demand for global investment opportunities such as this.”
“We selected SIPCO as its team is renowned for quality and innovation, with a strong history of success delivering green field initiatives and developments in the Gulf of Mexico as well as remote or difficult locations around the globe,” he added.
”SIPCO is pleased to be collaborating with Greenstone Equity Partners as a recognized fund placement firm to help bring two world-class oil field investment offerings to the GCC region,” said Luke Jensen, New Business Development Manager of SIPCO.
“Our management team has past experience working on the technical aspects of oil fields in the Middle East, and we see our current assets as a prime opportunity for investors in the region to participate in US offshore projects. SIPCO brings with us deep water oil field development and production optimization expertise, in addition to proven technology, to deliver and maximize the value of and returns from these fields.” — SG


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