MoU to develop services related to oil and gas extraction operations.
According to the report, the partnership will allow Abraj to offer a wider range of services to EDO's subsidiaries, such as Petroleum Development Oman (PDO). This will strengthen the long-standing relationship between the two companies.
The memorandum of understanding was signed by Eng. Saif Said Al Hamhami, CEO of Abraj Energy Services, and on behalf of EDO, Eng. Mazin Rashid Al Lamki, CEO of the company, inked the deal.
As the report stated, a memorandum of understanding was signed with the aim of ensuring the long-term, sustainable security and supply of energy-related services in Oman. The collaboration serves to boost the contribution of national drilling champion Abraj to the country’s oilfield services sector as well as encourage the implementation of alternative energy solutions.