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Stock impact report

OMS Energy Technologies (OMSE) Receives $11 Million Call-off Order from Saudi Aramco [Yahoo! Finance]

OMS Energy Technologies Inc. - Ordinary Shares (OMSE) 
Company Research Source: Yahoo! Finance
OMS Energy Technologies (OMSE) Receives $11 Million Call-off Order from Saudi Aramco 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. OMS Energy Technologies Inc. (NASDAQ:OMSE) revealed on March 20 that it had received a $11 million call-off order for specialty connectors and pipes from Saudi Aramco under an existing long-term supply agreement. The order was received through the company's Saudi Arabia subsidiary, OMS Saudi, with the products scheduled for delivery in 2026. OMS Energy Technologies Inc. (NASDAQ:OMSE)'s supply agreement with the largest oil company in the world was signed in early 2024 and works on a call-off basis, under which Saudi Aramco places orders for specialty connectors and pipes as per its operational requirements. The development comes only a day after OMS Energy Technologies Inc. (NASDAQ:OMSE) had secured surface wellhead s Show less Read more
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