ABRAJ Energy Services Receives Material Notification of Award
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ABRAJ Energy Services SAOG Receives Material Notification of Award
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Muscat, Oman – 01 September 2026 – ABRAJ Energy Services SAOG ("ABRAJ"or the "Company") (MSX: ABRJ), Oman'snational champion for integrated energy services, announced today that it has received a notification of award from a major Oil & gas operator in Oman for a multi-year contract for workover units.
The contract value isexpected to be material and will include a mix of existing and new assets. The contract will be finalizedover the coming weeks, and the related details such as customer, duration, value, expected start date,etc. will be communicated in due time, upon formal signature.
About ABRAJ Energy Services:
ABRAJ Energy Services SAOG (“ABRAJ” or the “Company”) (MSX: ABRJ) is Oman’s national champion for integrated energy services, delivering execution certainty at scale across complex well environments through advanced drilling and integrated well services.
As Oman's leading onshore drilling contractor and a trusted partner to national and international operators, the company supports the development of strategic energy assets across the full well lifecycle, combining a highly localized workforce, a modern fleet of 27 drilling rigs and 5 workover rigs, hydraulic fracturing, and cementing services. This is backed by disciplined operational and capital strategy aligned with international safety and performance standards.
Guided by Oman Vision 2040 and In-Country Value priorities, ABRAJ contributes to workforce localization, supply chain development, and long-term resilience of the energy sector. As the first company in Oman to receive the National Local Content Certificate and to achieve 93% Omanization, ABRAJ leads by example as a national economic contributor and as a company building its authority across the region through the quality of its delivery.
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Disclaimer and Forward-Looking Statements
This communication contains certain "forward-looking statements" within the meaning of applicable securities laws and regulations. These statements include, but are not limited to, the plans, objectives, expectations, and intentions of ABRAJ Energy Services SAOG (“ABRAJ” or the “Company”) (MSX: ABRJ). Forward-looking statements are generally identified by terminology such as "believes," "expects," "intends," "anticipates," "plans," "seeks," "should," "will," "may," or similar expressions.
These statements are based on the current beliefs and expectations of ABRAJ management and are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, general economic and business conditions, competitive pressures, the successful implementation of business strategies, and other factors detailed in the Company’s filings with the Muscat Stock Exchange (MSX).
ABRAJ undertakes no obligation to update or revise any forward-looking statements, whether as a result ofnew information, future events, or otherwise, except as required by law. Investors are cautioned not to place undue reliance on these statements.
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