New strategic agreements and partnerships signed

19/05/2026 04:59 AST

Abraj Energy Services signed new strategic agreements and partnerships on Monday that support operational sustainability, the development of In-Country Value (ICV), and the enhancement of energy sector development goals in the Sultanate of Oman. This took place during its participation in Oman Petroleum & Energy Show 2026, currently being held at Oman Convention and Exhibition Centre.

The company signed a five-year cementing services contract with OQ Exploration and Production. The implementation of the contract is expected to commence during the first half of 2026, utilising the company's cementing services units operating in Fields 60 and 48. This enhances the capabilities of Abraj Energy Services in providing integrated and reliable well services to the energy sector in the Sultanate of Oman.

The company also signed a strategic services agreement with Petrogas Rima to support operations within the concession areas of Petroleum Development Oman (PDO) in the south of the Sultanate of Oman, contributing to enhancing operational efficiency and supporting performance continuity in one of the vital regions for the energy sector in the Sultanate of Oman.

Furthermore, the company signed two strategic partnership agreements with national companies aiming to support the use of clean energy solutions, support local content in supply chains, and enhance national industries associated with the energy sector in the Sultanate of Oman. The company entered into a strategic partnership agreement with the National Gas Company to explore liquefied natural gas (LNG) infrastructure solutions, supporting the use of more sustainable energy sources and enhancing operational sustainability and energy transition initiatives within drilling operations and industrial applications.

It also signed a strategic partnership agreement with Imdad Energy to support the development of manufacturing materials used in well stimulation operations in the Sultanate of Oman. This initiative is expected to contribute to strengthening local supply chains, supporting small and medium enterprises (SMEs), and enhancing In-Country Value (ICV) through the development of national industries linked to a vital sector concerned with well stimulation services and unconventional resource development.

Eng. Saif Said Al Hamhami, CEO of Abraj Energy Services, explained that these agreements confirm the company's continuous commitment to operational excellence, sustainability, and the development of In-Country Value (ICV).

He added that they reinforce sustainable value and maintain the company's focus on providing safe, efficient, and sustainable energy solutions and services that support the objectives of Oman Vision 2040 and contribute to developing the future of the energy sector in the Sultanate of Oman.

Times of Oman