An Oil & Gas service company for sell/invest.
Established in 2015 providing 3 main services; Lab Testing, Slurry Design and Job execution in the relative field
Special Units (6 units, 3 batch mixers, 2 Field storages, 1 lab) , equipment’s and software is one of their assets (Patent)
Recently they are listed as an ICV service company with PDO with Omanization rate of 98%.
They have 3 bases with different equipment's
Currently they hold 3 contracts a value of around(3.7 USD millions expected renew 2024 at rate 25 USD million for operation size increase + 15 USD Million ends on 2028 + 20 USD millions ends on 2026)
Operation cost of 3 location is around 3 OMR millions/ year, and Employee cost is around 780 K OMR/year