Please wait...
GulfBase Live Support
- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
- Bahrain All Share Index closes higher
- UAE airline Etihad places major aircraft order with Boeing
- UN forecasts global economic growth to drop to 2.4% in 2025
- Dubai gold rate shoots up after Dh10 plus drop - in hours
- Abraj Energy signs deal with BP for drilling rig in Block 61
- Commercial Bank launches new CB Corporate Banking App
- QSE sees 62% of stocks in the red; index loses 19 points
- Financial markets development essential to Qatar's comprehensive financial strategy: QCB Governor
- Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed
16/05/2025 05:51 AST
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The agreement was formalised on the sidelines of the Oman Petroleum & Energy Show (OPES) and Oman Sustainability Week (OSW) 2025. This partnership is set to reinforce Abraj's position as a reliable and leading partner in Oman's oil and energy sector.
The contract also reflects Abraj's continued commitment to operational excellence, occupational safety, and the delivery of innovative services and solutions that support and advance the energy sector in Oman.
In a statement to Oman News Agency, Eng Saif bin Said al Hamhami, CEO of Abraj Energy Services, said, "We are proud of this strategic partnership with BP Oman to provide a drilling rig in Block 61, building on a collaboration that has spanned more than a decade in the drilling services sector. This marks a new milestone in our efforts to expand our operational reach and strengthen our presence in the local market through high-quality, impactful projects."
Hamhami added that the agreement demonstrates the strategic partners' confidence in Abraj's efficiency and capability to deliver safe, effective operational solutions that adhere to the highest international standards.
He emphasised the company's steadfast commitment to maximising in-country value, investing in the development of national talent, and enhancing operational sustainability.
Muscat Daily
07/05/2025
Abraj Energy Services, Oman's leading oil and gas services provider, has announced the award of a significant new contract by BP Exploration (Epsilon) Limited, marking a renewed collaboration between
Muscat Daily
| Ticker | Price | Volume |
|---|
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
16/05/2025
KIPCO - Kuwait Projects Company (Holding) - announced a net profit of KD 5.1 million ($ 16.5million) for the first three months of 2025. Earnings per share for the first quarter of 2025 were 0.7fils
Kuwait Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia