Abraj Energy Services Shines at OER Corporate Excellence Awards 2024, Secures Top Spot in Large-Cap Category as per a survey conducted by MOORE

Abraj Energy Services, Oman’s leading oil and gas services provider, was recently honored as one of the top five companies at the OER Corporate Excellence Awards 2024, winning in the Large-Cap Segment.

As the only energy company focusing on strategic top-tier services combined with strong operational efficiency, Abraj Energy Services continues to deliver maximum financial returns and sustainable growth.

The company performed exceptionally well in 2023, achieving steady results in Drilling and Workover Services and remarkable contributions from Well Services.

In 2023, Abraj managed to breakthrough the regional market by penetrating the Kuwaiti drilling market with the award of 3 drilling rigs with Wafra Joint Operations (KGOC and Saudi Chavern).

Abraj introduced game-changer rigs that are equipped with the latest cutting-edge technology. The company is the first contractor in the region to own fully automated rigs in the market.

Abraj is focused on providing services around Oil and Gas Wells, during and post wells construction.

OER Corporate Excellence Awards 2024, organised by Oman Economic Review (OER), Sultanate’s premium business magazine, the awards ceremony was held at Sheraton Oman Hotel on December 16, 2024.

His Excellency Faisal Al Rawas, Chairman of the Oman Chamber of Commerce and Industry was the chief guest at the event.

Hosted by His Excellency Shaikh Salim bin Mustahail Al Mashani, the gala event turned the spotlight on the paragons of corporate achievement, both listed and non-listed companies, who showcased remarkable performance and innovations.

OER, in partnership with MOORE conducted a comprehensive survey of companies listed on the Muscat Stock Exchange, evaluating them against selected criteria including Company performance, Financial health, Profitability and Shareholder return.

Companies were categorised into large cap, mid cap, and small cap segments to recognise top performers in each category.

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This article was originally published by Oman Economic Review (OER). For more information, visit https://oerlive.com/

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