Singapore, March 20, 2026 (GLOBE NEWSWIRE) — OMS Power Applied sciences Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented producer of floor wellhead methods (“SWS”) and oil nation tubular items (“OCTG”) for the oil and gasoline trade, as of late introduced that its wholly-owned subsidiary, OMS Oilfield Services and products Arabia Ltd. (“OMS Saudi”), has gained a US$11 million call-off order for distinctiveness connectors and pipes underneath the Corporate’s current long-term provide settlement with Saudi Aramco, the arena’s biggest oil manufacturer. The goods are anticipated to be delivered all through calendar 12 months 2026.
The Corporate’s provide settlement with Saudi Aramco, signed in early 2024, operates on a call-off foundation, underneath which Saudi Aramco puts orders for distinctiveness connectors and pipes as wanted, in keeping with its operational necessities. This newest call-off demonstrates the ongoing conversion of the long-term framework into lively income and displays sustained call for for OMS’s top rate SCP merchandise.
Mr. How Meng Hock, Chairman and Leader Govt Officer of OMS, commented, “This US$11 million call-off order highlights the enduring value of our long-term partnership with Saudi Aramco, providing significant demand visibility for our specialty connector business. Supported by a stable revenue pipeline, debt-free balance sheet and strong cash position, we are well-equipped to invest in the capacity and capabilities needed to serve Aramco’s growing needs and strengthen our position in Saudi Arabia, while expanding our broader international footprint to drive long-term shareholder value.”
OMS Saudi, the Corporate’s biggest subsidiary, has a 15-year monitor document of technical excellence and production experience within the Kingdom of Saudi Arabia. OMS Saudi holds a complete suite of trade certifications, together with API Specs Q1, 5CT, 5L, 7-1, and the just lately received API Specification 6A certification introduced in January 2026, which permits the subsidiary to offer restore and upkeep services and products for wellhead and Christmas tree apparatus. This increasing portfolio of certifications and functions positions OMS Saudi as an absolutely built-in provider in one of the crucial international’s maximum technically tough upstream markets, aligned with Saudi Arabia’s “Made in KSA” initiative.
About OMS Power Applied sciences Inc.
OMS Power Applied sciences Inc. (NASDAQ: OMSE) is a growth-oriented producer of floor wellhead methods (SWS) and oil nation tubular items (OCTG) for the oil and gasoline trade. Serving each onshore and offshore exploration and manufacturing operators, OMS is a relied on engineered answers provider throughout six essential jurisdictions within the Asia Pacific, Center Japanese and North African (MENA) areas. The Corporate’s 11 strategically positioned production amenities in key markets be certain that fast reaction instances, custom designed technical answers and seamless adaptation to evolving manufacturing and logistics wishes. Past its core SWS and OCTG choices, OMS additionally supplies top rate threading services and products to maximise operational potency for its shoppers.
For more info, please seek advice from ir.omsos.com.
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