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ABRAJ Expands Strategic Partnership with PDO for the Provision of Six Land Drilling Rig Services in Block 6

Muscat
5/15/26

Abraj Energy Services, Oman's leading oil and gas services provider, is proud to announce the signing of significant contracts with Petroleum Development Oman (PDO) to provide six state-of-the-art land drilling rigs for operations in Block 6, one of the country's most strategic energy assets.

The rigs are scheduled to commence operations in stages starting from Q4 2026. This milestone agreement marks a major expansion of Abraj's long-standing partnership with PDO and reflects the company's trusted capabilities in delivering safe, efficient, and high-quality drilling solutions.

“This strategic milestone reflects our steadfast commitment to operational excellence and long-term value creation for our partners," said Eng. Saif bin Said Al Hamhami, CEO of Abraj Energy Services. “Our collaboration with PDO continues to set benchmarks in safety, efficiency, and national contribution. With a solid financial base and a growing regional footprint, we are well-positioned to support Oman's energy ambitions under Vision 2040."

In addition to the PDO contracts, Abraj continues to accelerate its regional growth. In May, the company signed a contract with BP Oman to supply a drilling rig for Block 61. Abraj has also secured a new contract with ARA Petroleum LLC for drilling operations in Block 44 and signed a contract to deliver a third 3000 HP rig for the WJO field in Kuwait, further reinforcing its presence in key upstream projects across the region.

Eng. Sulaiman Abdullah Al Salmi, PDO Gas Drilling Team Leader remarked, “We value our partnership with Abraj, a company that consistently aligns with our operational and HSE standards. This contract reaffirms our joint commitment to empowering the national energy sector with safe, efficient, and high-performance solutions."

Since 2020, Abraj has delivered over OMR 850 million in In-Country Value (ICV), with an Omanization rate nearing 93%. Within PDO-related operations over the past three years alone, the company generated OMR 79.1 million in ICV—representing 78% of total spend—including OMR 20.5 million in “Made in Oman" procurement and OMR 33.3 million directed to SMEs and Local Community Contractors. These figures reaffirm Abraj's alignment with national priorities and its role as a key enabler of Oman's energy sector development.

In 2024, Abraj recorded a strong financial performance with revenues reaching OMR 151.6 million, EBITDA of OMR 53 million, and profit after tax of OMR 16.9 million. The company maintains industry-leading safety standards, achieving zero Lost Time Incidents (LTI) for the third consecutive year. Rig utilization remained high, with over 86% for drilling rigs and 100% for workover rigs. Abraj's contractual backlog now exceeds OMR 500 million, highlighting long-term business resilience and deep customer trust.

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