Oman's Mohammed Al-Barwani Petroleum Services (MBPS), a unit of MB Holding, has mandated HSBC, Standard Chartered and Barclays Capital as joint bookrunners to issue senior notes worth $350 million, one of the lead banks said on Wednesday.

The notes will be backed by the parent company and will be issued after investor meetings in Asia, the UAE, Europe and the United States, due to kick off on Thursday, according to a note seen by Reuters.

MBPS is one of the largest oilfield services companies in the Middle East with operations in 16 countries according to the company website and clients include Saudi Aramco, Qatar Petroleum, Total, Royal Dutch Shell and Chevron, among others.-Reuters