Please wait...
GulfBase Live Support
- QNB Group enhances brand with new Sonic sound identity
- Barwa real estate signs two refinancing agreements worth 557 Mln USD
- US economy to ride tax cut tailwind but faces risks
- Truce between Trump and $30tn US bond market remains fragile
- Oman's central bank issues treasury bills worth OMR95mn
- Bahrain Mumtalakat-backed Silah Gulf opens IPO; plans to raise $7.7m
- Jazeera Airways to become first carrier at Amman City Airport
- NBB's strategic vision delivers high returns: GCEO
- e& and ZTT complete region's first hollow-core fibre field trial
- Oil Rises as Investors Weigh Outcome of Trump-Zelenskiy Meeting
01/09/2025 01:56 AST
Oman-based Abraj Energy Services has announced that it has won contract extensions for four of its drilling rigs project from Occidental Oman (OXY). The total value of these contract is more than RO85 million ($220.3 million).
This extension includes an additional five-year period, extending until August 2030, said Abraj Energy Services in its filing to Muscat Stock Exchange.
It comes as a result of Abraj's outstanding operational performance and its firm commitment to the highest standards of operations, health, safety, and the environment, it stated.
Abraj said this long-term extension reflects the strengthening of the strategic partnership between the two companies and represents an important step toward reinforcing the Omani company's financial sustainability through revenue visibility and continued growth in the energy services sector in the sultanate.
The company remains commited to delivering specialised and integrated solutions in well engineering and energy services, and supporting Oman's aspirations in developing the energy sector, it added.
Trade Arabia
04/12/2025
Abraj Energy Services, Oman's leading oil and gas field services provider, has been awarded four contracts worth a total of RO108mn by Petroleum Development Oman (PDO) to supply drilling rig services
Muscat Daily
25/08/2025
Abraj Energy Services, the largest oil and gas field services company in Oman, announced the award of contract extensions for four of its drilling rigs by Occidental Oman (Oxy), with a total value ex
Muscat Daily
30/07/2025
Abraj Energy Services, Oman's leading oil and gas services provider, on Tuesday announced the signing of significant contracts with Petroleum Development Oman (PDO) to provide six state-of-the-art la
Muscat Daily
| Ticker | Price | Volume |
|---|
30/12/2025
QNB Group announced the launch of its first-ever sonic identity, marking a new milestone in the bank's brand evolution and customer engagement journey.
Developed in collaboration with Sixièm
The Peninsula
30/12/2025
Barwa real estate group (a Qatari public shareholding company) announced the signing of two refinancing agreements with Qatar National Bank (QNB) totaling 557 million USD.
A statement by the
The Peninsula
30/12/2025
Jazeera Airways, Kuwait's low-cost carrier, has signed a strategic Memorandum of Understanding (MoU) with Amman City Airport.
Under the agreement, Jazeera Airways is set to become the first
Trade Arabia
30/12/2025
National Bank of Bahrain's (NBB) strategic vision has enhanced its agility in adapting to the rapidly changing global and regional landscape, while delivering the highest return on equity amongst its
Trade Arabia
30/12/2025
e& UAE, the flagship telecom arm of global technology group e&, in partnership with ZTT, a leading provider of advanced fibre optic solutions, has announced the completion of the region's first hollo
Trade Arabia
Financial Information Co.
Saudi Arabia