OMS Energy Technologies (NASDAQ: OMSE) Secures US$9.4 Million in New Orders, Including US$7.1 Million Competitive Tender Win from Saudi Aramco
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
OMS Energy Technologies (OMSE) secured US$9.4 million in new orders from Saudi Aramco and Pertamina Hulu Rokan.
OMS Saudi won a US$7.1 million open tender for specialty connectors and pipes outside its long-term Saudi Aramco supply agreement. Delivery is expected in January 2027. OMS Indonesia received a US$2.3 million order for surface wellheads and Christmas trees under its existing three-year contract with Pertamina Hulu Rokan. OMS plans to manufacture those products at its Duri facility in Indonesia, with delivery expected in March 2027.
Positive
- US$7.1 million Saudi Aramco tender win adds an order outside the existing supply agreement.
- US$2.3 million Pertamina Hulu Rokan order adds work under an existing three-year contract.
Negative
- None.
Details
News Market Reaction – OMSE
On Sep 28, the day this news came out, OMSE closed 2.98% below the previous close. Our momentum scanner recorded 6 alerts in the available session data.
Data tracked by StockTitan Argus for the Sep 28 session.
Key Figures
- Total new orders
- US$9.4 million
- Orders from Saudi Aramco and Pertamina Hulu Rokan
- Saudi Aramco order
- US$7.1 million
- Won through a competitive tender; outside the long-term supply agreement
- Pertamina Hulu Rokan order
- US$2.3 million
- Surface wellheads and Christmas trees under an existing supply contract
- Earlier Saudi Aramco order
- US$11 million
- Specialty connectors and pipes order placed in March 2026 under the long-term supply agreement
- Pertamina contract extension
- US$1.3 million
- Extension announced in March 2026
- Saudi Aramco delivery timing
- January 2027
- Expected deliveries for the new order
- Pertamina delivery timing
- March 2027
- Expected deliveries for the new order
- Existing supply contract term
- 3 years
- Pertamina Hulu Rokan contract
Key Terms
octg technical
call-off orders financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Saudi Aramco win adds orders beyond the Company’s long-term agreement; US
SINGAPORE, Sept. 28, 2026 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today announced new orders totaling US
Due to specific technical and operational requirements, Saudi Aramco’s order for specialty connectors and pipes fell outside the scope of the parties’ long-term agreement and was put out to tender. OMS Oilfield Services Arabia Ltd. (“OMS Saudi”) won the US
PT OMS Oilfield Services (“OMS Indonesia”) received a US
Mr. How Meng Hock, Chairman and Chief Executive Officer of OMS, commented, “Winning this US
About OMS Energy Technologies Inc.
OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted engineered solutions supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.
For more information, please visit ir.omsos.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
OMS Energy Technologies Inc.
Investor Relations
Email: ir@omsos.com
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: omsos@thepiacentegroup.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why was OMS Energy Technologies' Saudi Aramco order awarded through an open tender?
The order's technical and operational requirements put it outside the parties' long-term supply agreement, so Saudi Aramco put it out to tender. OMS Saudi won the US$7.1 million order. The agreement separately generated an US$11 million order for specialty connectors and pipes in March 2026.
How does OMS Energy Technologies' new Pertamina Hulu Rokan order relate to its existing contract?
The US$2.3 million order was placed under OMS Indonesia's existing three-year supply contract with Pertamina Hulu Rokan. That contract received a US$1.3 million extension in March 2026 after demand exceeded its original value.