MB Holding

{{Short description|Omani conglomerate}}

{{Infobox company

| name = MB Holding Company LLC

| logo =

| type = Limited liability company

| foundation = {{Start date and age|df=yes|1982}}

| location_city = Muttrah, Muscat

| location_country = Oman

| founder = Mohammed Al Barwani

| key_people = {{plainlist |

• Mohammed Al Barwani (Chairman)
• Usama Al Barwani (CEO)

}}

| industry = {{plainlist|

• Oil and gas
• Engineering
• Mining

}}

| owner = Mohammed Al Barwani

| subsid = {{plainlist|

• MB Petroleum Services LLC
• Petrogas E&P LLC
• Mawarid Mining LLC
• United Engineering Services LLC
• Musstir LLC
• National Takaful Company (Watania) PJSC (51%)

}}

| homepage = {{url|http://www.mbholdingco.com/}}

}}

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MB Holding Company LLC or Mohammed al Barwani LLC (MB LLC) is an Omani conglomerate with interests in oil and gas exploration and production, oilfield services, engineering and mining.

The company was founded in 1982 by Mohammed Al Barwani as an oilfield service provider to oil producers such as Petroleum Development Oman and Occidental Petroleum.{{cite news |title=Growing on instinct: Mohammed Al Barwani |url=http://www.arabianbusiness.com/growing-on-instinct-mohammed-al-barwani-593556.html |last=Halligan |first=Neil |date=2015-05-23 |access-date=2015-08-29 |newspaper=Arabian Business}} It subsequently expanded into exploration and production and gained concessions in Oman, Egypt and Mozambique.

MB's engineering arm is involved in the aerospace and defense industry. Its mining subsidiary, Mawarid Mining, was set up in 2000 and is the largest private mining company in Oman.{{cite news |title=MAWARID MINING RECEIVES AWARD FOR OMANISATION |url=http://www.muscatdaily.com/Archive/Business/Mawarid-Mining-receives-award-for-Omanisation-1qz8 |newspaper=Muscat Daily |date=2012-10-07 |access-date=2015-08-29}} Mawarid is the first private mining company to engage in copper and gold exploration in Oman.{{cite news |title=Mining royalty rises to 10 per cent in Oman |url=http://omanobserver.om/mining-royalty-rises-to-10-per-cent-in-oman/ |newspaper=Oman Daily Observer |date=2015-05-31 |last=Kutty |first=Samuel |access-date=2015-08-29 |archive-url=https://web.archive.org/web/20150601051936/http://omanobserver.om/mining-royalty-rises-to-10-per-cent-in-oman/ |archive-date=2015-06-01 |url-status=dead }}

Musstir, the property development arm, specialises in the development of hotels.{{cite news |title=Park Inn by Radisson Hotel & Residence opens in Duqm, Oman |url=https://www.zawya.com/story/Park_Inn_Radisson_Hotel__Residence_opens_in_Duqm_Oman-ZAWYA20150203093332/ |publisher=Musstir |date=2015-02-03 |access-date=2015-08-29}} MB acquired Oceanco, a luxury yacht builder based in the Netherlands, in 2010.{{cite news |title=Oman's MB Holding set for massive expansion |url=http://timesofoman.com/article/3067/Business/Oman's-MB-Holding-set-for-massive-expansion |newspaper=Times of Oman |date=2012-11-22 |access-date=2015-08-29}}

Its other investments include Nautilus Minerals (28 percent), an underwater mineral exploration company based in Canada, Al Madina Takaful (26 percent), an Omani takaful operator, and Watania (51 percent), a takaful operator based in Abu Dhabi.{{cite news |title=Al Madina, MB Holding to buy 60.5% stake in UAE takaful firm |url=http://www.muscatdaily.com/Archive/Business/Al-Madina-MB-Holding-to-buy-60.5-stake-in-UAE-takaful-firm-3emd#ixzz3kDMQfufB |newspaper=Muscat Daily |date=2014-08-26 |first=Gulam Ali |last=Khan |access-date=2015-08-29}}

Al Barwani is chairman of the MB Group while his sons head the mining and oil and gas E&P arms.