Company Abraj Energy Services SAOG

ABRJ

OM0000008934

Oil & Gas Drilling

End-of-day quote Muscat Exchange Other stock markets 06:00:00 2024-06-03 pm EDT			5-day change	1st Jan Change
0.294 ^OMR	-0.34%		-0.68%	-1.67%

2023	Abraj Energy Services SAOG(MSM:ABRJ) added to S&P Pan Arab Composite	CI
2023	Certain Shares of Abraj Energy Services SAOG are subject to a Lock-Up Agreement Ending on 10-SEP-2023.	CI

Business Summary

Abraj Energy Services SAOG is an Oman-based entity which is primarily engaged in providing oil and gas exploration and production. The Company has two reportable segments which includes Drilling and Work Over, Well Services and Others. The Companyâs services include oilfield services which mainly includes services such as onshore drilling, workover, flowback, well testing, well intervention, cementing, fracturing, coil tubing, integrated project management, drilling fluids services and training services.

Number of employees: 2,633

Sales per Business

OMR in Million	2022	Weight	2023	Weight	Delta
Drilling and Work Over 87.9 %	123	89.5 %	127	87.9 %	+3.41%
Well Services and Others 12.1 %	14	10.5 %	18	12.1 %	+21.70%

Sales per region

OMR in Million	2022	Weight	2023	Weight	Delta
Oman 100.0 %	137	100.0 %	144	100.0 %	+5.33%

Managers

Managers	Title	Age	Since
Saif Said Al Hamhami CEO	Chief Executive Officer	-	21-12-31
Lakshmi Rajan DFI	Director of Finance/CFO	-	08-12-31
Saif Al Hussaini PRN	Corporate Officer/Principal	-	06-12-31
Abdul Raouf Al Tobi LAW	General Counsel	-	13-12-31
Salah Al Harthy PRN	Corporate Officer/Principal	-	10-12-31
Azzam Khamis Al Kiyoumi LAW	General Counsel	-	-

Members of the board

Members of the board	Title	Age	Since
Sadhak Bindal BRD	Director/Board Member	-	23-04-04
Khamis Mohamed Al Saadi BRD	Director/Board Member	-	-
Ayad Al Balushi CHM	Chairman	-	-
Ahmed Said Abdullah Al-Azkawi BRD	Director/Board Member	-	-
Ashraf Ahmed Al Mamari BRD	Director/Board Member	-	-
Mashael Yaseen Moosa BRD	Director/Board Member	-	-
Benjamin Charbit BRD	Director/Board Member	-	23-04-04

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	770,200,000	217,283,139 ( 28.21 %)	0	28.21 %

Shareholders

Name	Equities	%	Valuation
OQ SAOC 51.00 %	392,802,000	51.00 %	310 M ﷼
Government of Saudi Arabia 9.800 %	75,479,600	9.800 %	60 M ﷼
Gulf Baader Capital Markets SAOC (Investment Management) 6.089 %	46,895,461	6.089 %	37 M ﷼
SCHLUMBERGER LIMITED 4.900 %	37,739,800	4.900 %	30 M ﷼
Government of Oman 4.900 %	37,739,800	4.900 %	30 M ﷼
United Securities LLC /Investment Management/ 0.2272 %	1,750,000	0.2272 %	1 M ﷼
Eurizon Capital SA 0.005100 %	39,282	0.005100 %	31 017 ﷼