Oil & Gas Oman’s Abraj gets $36m BP gas drilling contract By Saleh Al-Shaibany May 8, 2025, 1:27 PM Alamy via Reuters Abraj Energy Services is expanding its operations in Oman's growing energy landscape with the BP contract BP Exploration has awarded Abraj Energy Services a $32 million contract to drill for gas in Oman’s Khazzan field, reinforcing the sultanate’s upstream ambitions amid continued investment in its energy sector. The three-year contract, disclosed in a filing to the Muscat Stock Exchange (MSX), covers drilling operations on Block 61, a tight gas project in central Oman that currently contributes around 15 percent of the country’s daily gas output. Abraj, a subsidiary of state-owned OQ, listed nearly half of its capital on the exchange in a $244 million IPO in February 2023. The company provides oilfield services to Oman’s expanding energy industry and has seen rising investor interest as Muscat accelerates upstream development. Oil profit fall at Oman’s OQ suggests bigger decline in Q2 Oman launches LNG project for clean marine fuel Oman strikes LNG deal with Mexico’s Amigo Oman is investing heavily in its oil and gas industry. The Gulf Arab state says nearly RO5 billion ($12 billion) was pumped into its hydrocarbon sector last year as it pushed ahead with plans to expand production capacity and boost reserves. The Sultanate produced nearly a million barrels per day in 2024. It controls around 5.2 billion barrels of proven oil deposits and 25 trillion cubic feet of gas. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
