OMS Energy Technologies Inc. (OMSE) announced that its Singapore and Indonesia subsidiaries have secured new surface wellhead system orders and a contract extension totaling approximately US$2.6 million from operators in Oman, Pakistan and Indonesia.
The Singapore subsidiary received a US$1.0 million order from an existing Omani oilfield services provider that has been a customer for roughly 18 months, and a US$0.26 million order from Orient Petroleum Inc. in Pakistan. The Indonesian subsidiary extended a three‑year supply contract with Pertamina Hulu Rokan by US$1.3 million, reflecting demand that exceeded the original contract value. Deliveries for the Oman and Pakistan orders are scheduled for 2026, while the Pertamina extension will continue through 2029.
These wins underscore OMS’s strategy of expanding its geographic footprint in the Asia‑Pacific and MENA regions and highlight a key technical milestone: the first 10,000 PSI full wellhead and production tree system installed in Pakistan. The company previously installed Pakistan’s first smart intelligent wellhead system for MOL Pakistan in October 2025 and secured specialty connector orders in January 2026, positioning it as a trusted supplier in the country’s growing energy sector.
Financially, OMS reported revenue of US$157.2 million for the twelve months ended September 30 2025 and US$82.8 million for the six months ended the same date, with a record cash balance of US$128.7 million and a debt‑free balance sheet. Management emphasized that the healthy order pipeline, strong cash position and localized manufacturing capabilities give the company a solid foundation to continue expanding its surface wellhead system customer base.
Overall, the new orders and contract extension add to OMS’s growing order book, reinforce its expansion strategy, and demonstrate continued customer confidence in its products and manufacturing model. The company’s financial strength and strategic positioning suggest that it is well positioned to capture further opportunities in the Asia‑Pacific and MENA markets.
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