Friday, September 11, 2026

Business News

Oman’s Abraj Energy secures RO 1.6 million drilling contract with ARA Petroleum

Abraj Energy Services SAOG has announced the receipt of a Letter of Award from ARA Petroleum Limited for the provision of a drilling rig and associated services in Concession Area 44 (Block 44).

TAS News Service

info@thearabianstories.com

Monday, May 12, 2025

Muscat – According to a disclosure filed with the Muscat Stock Exchange, the contract is valued at approximately RO 1.6 million and involves the drilling of a limited number of wells. Operations under the contract are scheduled to commence in the second quarter of 2025.

The company noted that the drilling unit designated for the project has previously been contracted for operations with another operator within the Sultanate.

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