Muscat, 13 December 2023: Abraj Energy Services, Oman's leading oil and gas service provider, signed today a strategic partnership contract with TotalEnergies, a leading global multi-energy company, to provide drilling services within Block 12's concession area in the Sultanate of Oman, marking the commencement of a new chapter in exploration and development.
The partnership contract signed by Eng. Saif Al-Hamhami, CEO of Abraj Energy Services and Sergio Giorgi, Total Energies' Oman Country Chair
The signing ceremony was attended by officials from the Sultanate's Ministry of Energy and Minerals, senior executives from Abraj Energy Services and TotalEnergies, Petroleum Development Oman (PDO), members of the Oman Energy Association (OPAL), partner delegates, and media representatives
This strategic contract between Abraj Energy Services and TotalEnergies is poised to redefine industry standards, building on Abraj's extensive expertise in drilling and well services since 2006, and TotalEnergies global and recognized expertise, ensuring excellence in the execution of two key gas exploration wells in Oman's Block 12. With 16 years of experience serving the country's energy sector, Abraj, a pioneer in its field, commands a market share of 28% in drilling and 15% in key well services.
On this occasion, Eng. Saif Al-Hamhami, CEO of Abraj Energy Services, stated, “This strategic contract with TotalEnergies not only marks their operational entry into the Omani market as operators, but also underscores Oman's role in attracting foreign investment and Abraj's competitive edge in delivering internationally recognized drilling and well maintenance services. This collaboration is set to enhance Oman's oil and gas potential, bolstering national energy security and economic growth."
Al-Hamhami further added, “Abraj's growth is in step with Oman's national strategy, which aims for global market expansion and the establishment of international standards in oil and gas services. Our considerable contributions to socio-economic development, high In-Country Value (ICV) index, Omanisation, and local skill enhancement underline our dedication to Oman's progress."
Sergio Giorgi, TotalEnergies' Oman Country Chair, expressed enthusiasm about the partnership: “We are excited to announce TotalEnergies' first operational contract in Oman, in partnership with Abraj Energy Services. This shows our commitment to unlock more gas reserves that will play a pivotal role in the Sultanate's future gas exports. Collaborating with Abraj, renowned for their excellence in the oil and gas sector, aligns perfectly with our strategic objectives and our commitment to supporting the growth of Oman's energy sector."
He also emphasized TotalEnergies' global leadership in energy, noting, “Present in over 130 countries, and since 1937 in Oman, TotalEnergies is committed to sustainable and innovative energy solutions. Our expertise in producing and marketing fuels, natural gas, and electricity is in line with our ambition to become the responsible energy major. This new operational contract with Abraj Energy Services in Oman reflects our vision and is one more step in the deployment of our local strategy of growth, decarbonization and diversification. We are confident that this partnership will not only propel Oman's energy sector forward but also contribute to its socio-economic development, mirroring our dedication to responsible energy practices and community support."
Established in 2006, Abraj Energy Services is Oman's foremost integrated energy company and a leading provider of onshore drilling and well services. Abraj offers a comprehensive range of complementary onshore oil and gas field services. The Company's vision is to be the market-leading provider of oil and gas field services in Oman, as well as one of the leading providers of these services in the region.