OMS Energy Secures $11M Order from Saudi Aramco Under Long-Term Deal

Event summary

  • OMS Energy's Saudi subsidiary received a $11M call-off order from Saudi Aramco under an existing long-term supply agreement.
  • The order covers specialty connectors and pipes, with delivery expected in 2026.
  • OMS Saudi holds multiple API certifications, including the recently obtained API Specification 6A.
  • The deal reflects sustained demand for OMS's premium SCP products in Saudi Arabia.

The big picture

This order underscores the strategic value of OMS Energy's long-term partnership with Saudi Aramco, providing revenue visibility in one of the world's most demanding upstream markets. The deal aligns with Saudi Arabia's 'Made in KSA' initiative, positioning OMS Saudi as a fully integrated supplier. The company's debt-free balance sheet and strong cash position support further investment in capacity and capabilities to meet growing demand.

What we're watching

Order Execution
How OMS Energy will manage the delivery of this $11M order and potential follow-on demand from Saudi Aramco.
Certification Leverage
Whether OMS Saudi's expanding API certifications will drive additional business in Saudi Arabia's upstream market.
Geographic Expansion
The pace at which OMS Energy can expand its international footprint beyond the Asia Pacific and MENA regions.