OMS Energy Technologies expands partnership in Thailand, securing a contract for technical consultancy and maintenance services.
Quiver AI Summary
OMS Energy Technologies Inc. has announced an expansion of its partnership with a leading oil and gas operator in Thailand through a Technical Service Partner Contract to provide consultancy, gauging management, and hardware services. The contract reflects the operator's confidence in OMS Thailand's expertise and operational capabilities. OMS Thailand operates two facilities in Songkhla and Sattahip, which are well-equipped to support the region's oil country tubular goods (OCTG) sector with essential services. The company's CEO, How Meng Hock, emphasized the importance of this partnership in enhancing OMS's presence in the region and underscored their commitment to high-quality service and innovation. With this collaboration, OMS Thailand aims to strengthen its position as a reliable service provider in the Asia Pacific oil and gas market.
Potential Positives
- Expansion of partnership with a major oil and gas operator in Thailand demonstrates strong industry confidence in OMS Thailand's technical capabilities.
- Award of a Technical Service Partner Contract indicates a growth opportunity and reinforces OMS Thailand’s role as a trusted service provider in the oil and gas sector.
- The press release highlights OMS Thailand's strategic facilities and long-standing operational history, enhancing its competitive position in the OCTG sector.
- Mr. How Meng Hock's comments underscore the company's commitment to innovation and customer service, which are vital for sustainable growth in the industry.
Potential Negatives
- The press release does not provide specific financial details or projections regarding the expansion or anticipated revenue impact, leaving investors without critical information for assessing potential growth.
- There is no mention of any potential challenges or risks associated with the new contract, which may create an impression of overconfidence or lack of transparency about the operational environment.
- The use of "forward-looking statements" highlights the inherent uncertainties in the company's plans, possibly raising concerns about the reliability of its future projections and commitments.
FAQ
What is OMS Energy Technologies Inc. known for?
OMS Energy Technologies Inc. is a manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry.
What recent announcement did OMS Thailand make?
OMS Thailand announced an expansion of its partnership with a major oil and gas operator in Thailand, earning a Technical Service Partner Contract.
Where are OMS Thailand's facilities located?
OMS Thailand operates facilities in Songkhla and Sattahip, with over 20 and 10 years of service respectively.
How does OMS Thailand enhance operational efficiency?
OMS Thailand provides technical consultancy, gauging management, and hardware services, ensuring stringent quality control and faster lead times.
What markets does OMS serve?
OMS serves onshore and offshore operators across six vital jurisdictions in the Asia Pacific, Middle Eastern, and North African regions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
SINGAPORE, Oct. 29, 2025 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, and its wholly-owned subsidiary, OMS Oilfield Services (Thailand) Ltd. (“OMS Thailand”), today announced an expansion of the Company’s long-standing partnership with one of Thailand’s foremost oil and gas operators. OMS Thailand has been awarded a Technical Service Partner Contract covering technical consultancy, gauging management and hardware services, demonstrating the operator’s deep confidence in OMS Thailand’s technical proficiency, operational rigor and engineering expertise.
OMS Thailand’s two facilities in Songkhla and Sattahip, with over 20 and 10 years of service, respectively, are fully licensed to support the region’s OCTG sector with connection threading, repair, and maintenance services across diverse manufacturers’ equipment. As one of Thailand’s largest single-operator machine shops, OMS Thailand is uniquely positioned to meet major producers’ performance and vendor selection criteria with strict quality control, personalized service, faster lead times, and highly responsive maintenance.
OMS Thailand engineers performing precision OCTG maintenance
Mr. How Meng Hock, Chairman and Chief Executive Officer of OMS, commented, “We’re proud to expand our collaboration with a respected, major player in Thailand’s oil and gas industry, deepening our presence in this fast-growing region. Our Thailand operations exemplify a culture of precision, innovation, and reliability, and our partner’s recognition stands as a powerful endorsement of the value OMS brings to the industry. By continually elevating our technical expertise and service standards, we empower our customers to operate more efficiently and safely, while driving the Company’s sustainable growth.”
With its extensive experience and recognized technical prowess, OMS Thailand continues to reinforce OMS’s position as a trusted service provider in the Asia Pacific region, equipped to address the industry’s most complex OCTG connection and maintenance requirements.
About OMS Energy Technologies Inc.
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. Serving both onshore and offshore exploration and production operators, OMS is a trusted single-source supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.
For more information, please visit ir.omsos.com .
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
OMS Energy Technologies Inc.
Investor Relations
Email:
[email protected]
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email:
[email protected]