Extend the Liquidity provider agreement
Content :
Renewal of the Appointment of Ubhar Capital as a Liquidity Provider
ABRAJ Energy SAOG("ABRAJ"orthe"Company")(MSX:ABRJ),Oman'snational champion for integrated energy services,announcestherenewalof Ubhar Capital SAOG (“U Capital”) appointmentasaliquidityproviderfortheCompany'sshareslistedontheMuscatSecuritiesExchange("MSX"), inaccordancewithMSXResolutionNo. 73/2023 regardingtheissuanceofmarket-makingregulations.
Thisrenewedappointmentwillbevalidforoneyear,startingfrom 21 September 2026 to 20 September 2027. UCapitalwillcontinuetradingindependently,withinspecificcontrolsandstandardsaccordingtotherequirementsoftheregulatoryauthorities.
About ABRAJ Energy Services:
ABRAJEnergyServicesSAOG("ABRAJ"orthe"Company")(MSX:ABRJ)isOman'snationalchampionforintegratedenergyservices,deliveringexecutioncertaintyatscaleacrosscomplexwellenvironmentsthroughadvanceddrillingandintegratedwellservices.
AsOman'sleadingonshoredrillingcontractorandatrustedpartnertonationalandinternationaloperators,thecompanysupportsthedevelopmentofstrategicenergyassetsacrossthefullwelllifecycle,combiningahighlylocalizedworkforce,amodernfleetof 27 drillingrigsand 5 workoverrigs,hydraulicfracturing,andcementingservices.Thisisbackedbydisciplinedoperationalandcapitalstrategyalignedwithinternationalsafetyandperformancestandards.
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 of new 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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