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The Saudi Industrialization and Energy Services Company (TAQA) investments will increase fourfold within three years, starting in 2023, to strengthen the company's presence in the oil services sector. TAQA is present in 15 countries and provides oil well services through advanced technology, supporting innovation and establishing lasting partnerships with stakeholders. According to the company's website, TAQA Well Services is the growth engine of TAQA and is in charge of delivering well services across all service lines and geographies within the MENAT region.

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