Abraj Energy Services said on Saturday it had signed a five-year ‘strategic partnership deal’ with Kuwait Gulf Oil Co and Saudi Arabian Chevron to extract and drill for oil in Kuwait. Global oil giant Chevron is a major player in Saudi Arabia’s energy market having a continuous upstream presence in the kingdom for more than […]
abraj energy
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Oman’s Abraj Energy Services to list 49% shares on Muscat Stock Exchange
Oman’s drilling firm Abraj Energy Services has announced its intention to proceed with an IPO and listing on the Muscat Stock Exchange, which is expected to take place in March 2023, subject to receiving the required regulatory approvals from the Capital Market Authority of the Sultanate of Oman. The company’s planned listing will allow investors […]
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Abraj Energy CEO on Oman’s diverse drilling landscape
In an exclusive interview with Oil & Gas Middle East, Saif Al Hamhami, CEO of Oman-based Abraj Energy Services — a fully-owned subsidiary of OQ — talks about Oman’s drilling sector, the company’s new brand identity and its planned IPO next year. Oil & Gas Middle East: With an increasing focus on higher oil and […]