28 August 2022, Muscat, Oman: Abraj Energy Services (“Abraj”), a leading Omani oil and gas field services company and a fully owned subsidiary of OQ, today unveiled its new corporate brand identity, symbolizing a commitment to becoming one of the region’s market leaders in high-quality drilling and well services.
Abraj is a systemic entity in Oman’s oil and gas services sector and provides a wide range of onshore services to key players in the region, including drilling rigs and workover services as well as fracturing, cementing and coiled tubing services. The company deploys innovative and best-in-class technology boasting an advanced fleets of drilling rigs in the GCC. Abraj also employs over 2,000 highly qualified professionals achieving a 93 percent Omanization rate.
While celebrating the company’s history, the new bold and contemporary identity reflects Abraj’s focus on modernization and innovation of its service offerings. The refreshed identity will be featured across Abraj’s physical and digital assets.
Commenting on the launch, Ayad Al Balushi, Chairman of Abraj, said: “Our transformation into a global brand reinforces a commitment to continue leading the charge in the drilling and oilfield sector, serving both our clients and the Sultanate of Oman to the highest standard. It is amongst our foremost priorities to contribute to the Sultanate’s sustainable economic development, which we look to foster through enhancing in-country value and exploring ways to make drilling practices greener and more efficient. Abraj’s new brand identity is a visual manifestation of the company’s bright, ambitious future, yet pays homage to the successes we have achieved thus far.”
Established in 2006, Abraj has successfully leveraged years of experience and made targeted investments to deliver comprehensive engineering solutions and integrated project management, while providing best-in-class services to a local and international client base. It has also invested in deploying emerging solutions, becoming the first MENA-based company to launch integrated fracking services and to pioneer the development of unconventional deep tight gas.
The unveiling of the new brand takes place ahead of Abraj’s participation in the upcoming Muscat Stock Exchange (MSX) roadshow, to be held from 5-6 September in Muscat. Abraj is also currently reviewing the possibility of gaining a listing on the MSX, wherein the exact timing and size of the potential transaction are still under consideration and subject to necessary regulatory approvals.
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About Abraj
Based in Muscat, Oman, Abraj Energy Services SAOC (Abraj) was established in 2006 and currently leads the drilling sector in Oman with 29% market share. Backed by its longstanding, strategic shareholder, OQ, Abraj has successfully diversified their service offerings in drilling operations, well engineering solutions and integrated project management services. Abraj benefits from long-term contracts with leading national and international exploration and production companies. Abraj is known to invest and operate on transformative technologies and is well equipped to drive forward Oman’s energy transition through Energy 2.0.