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Abraj Energy raises revenue guidance due to high rig activity

By CityCalc Newsroom · Wed Jul 29 2026 · Source: AGBI

Oman’s Abraj Energy Services, the oil and gas drilling business of state energy company OQ, has raised its short-term revenue guidance as rig activity increases. Revenue is expected to rise by 5 percent to 10 percent in the third quarter of 2026, up from OMR39 million ($101 mill…

Oman’s Abraj Energy Services, the oil and gas drilling business of state energy company OQ, has raised its short-term revenue guidance as rig activity increases. Revenue is expected to rise by 5 percent to 10 percent in the third quarter of 2026, up from OMR39 million ($101 mill…

Curated by CityCalc from AGBI. Read the full article at the source.

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