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Omani upstream oil and gas services provider Abraj Energy Services has announced it has secured contracts to provide six onshore drilling service rigs to Petroleum Development Oman (PDO).

Abraj Energy expects revenue from the six contracts to be RO215m ($558.6m). Each contract has a primary six-year firm duration.

The Muscat Stock Exchange-listed company said mobilisation of the rigs in PDO’s main hydrocarbons concession of Block 6 will be carried out in stages, starting in the fourth quarter of 2026.

Prior to these contracts, Abraj Energy secured contract extensions for three rigs deployed with PDO in February.

The extensions cover two rigs for a period of one year, concluding in December 2026, and one rig for six months, ending in January 2027.

Abraj Energy expects revenue from the three contract extensions to be RO9m ($23.3m).

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Omani state energy conglomerate OQ Group is the majority shareholder in Abraj Energy, with a 51% stake. The remaining shares in the company trade on the Muscat Stock Exchange following an initial public offering in March 2023.

Abraj Energy is the largest drilling contractor in Oman by contracted operating drilling rigs, with about 30% market share. Its fleet comprises 25 drilling rigs and five workover rigs.

The company offers drilling, workover and well services, which include fracturing, cementing and coiled tubing.

Abraj Energy specialises in providing integrated hydraulic fracturing services for developing unconventional deep tight oil and gas in Oman. It also operates one of the largest full-range cementing laboratories in the sultanate.

In addition to PDO, the company’s clients include state-owned OQ Exploration & Production and international oil companies, such as BP and Occidental Petroleum.

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