MARKET WIRE NEWS

OMS Energy Technologies (NASDAQ: OMSE) Secures Approximately US$2.6 Million in Surface Wellhead System (SWS) Orders

MWN-AI** Summary

On March 19, 2026, OMS Energy Technologies Inc. (NASDAQ: OMSE), a manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas sector, announced securing approximately US$2.6 million in surface wellhead system orders. These contracts, originating from oil and gas operators in Oman, Pakistan, and Indonesia, demonstrate the company's growth strategy and expanding international footprint.

The company's Singapore subsidiary, OMS Oilfield Services Pte. Ltd., obtained a significant US$1.0 million order for SWS from an existing customer in Oman, highlighting the firm’s established presence in the region over the last 18 months. Additionally, OMS Singapore won a US$0.26 million order from Orient Petroleum Inc. in Pakistan. This contract marks OMS's first deployment of a 10,000 PSI full wellhead and production tree system in the country, reinforcing its commitment to meet rigorous technical specifications and delivery timelines.

In Indonesia, PT OMS Oilfield Services received a US$1.3 million extension to an existing contract with Pertamina Hulu Rokan, propelled by increasing demand for surface wellhead equipment. This extension reflects the operator's strong confidence in OMS's capabilities and highlights the robust drilling demand in the region.

CEO How Meng Hock emphasized that these achievements showcase the breadth of OMS's offerings across various markets and customer segments. With a solid order backlog and a debt-free balance sheet, the company is well-positioned to capitalize on further opportunities within the Asia Pacific and MENA regions. Overall, these recent orders underline the strategic growth and technical advancements of OMS Energy Technologies in international markets.

MWN-AI** Analysis

OMS Energy Technologies (NASDAQ: OMSE) has recently secured approximately $2.6 million in surface wellhead system (SWS) orders, marking a significant step in the company's expansion strategy across key international markets, particularly in the Asia Pacific and MENA regions. These advancements not only highlight OMS's capacity to deepen customer relationships but also reinforce its commitment to leveraging localized manufacturing capabilities to meet evolving market demands.

The recent orders from Oman, Pakistan, and Indonesia indicate a robust demand for OMS's technology and expertise. Notably, the order from Pakistan for a 10,000 PSI full wellhead system underscores OMS's innovative edge and ability to meet stringent technical specifications—a crucial factor in an industry increasingly defined by technological advancements. This milestone positions OMS to capitalize on future opportunities as Pakistan's energy sector continues its development.

Moreover, the contract extension with Pertamina Hulu Rokan in Indonesia illustrates a growing trust in OMS's products and services, reflecting the company's operational excellence. The sustained demand from existing clients not only provides revenue stability but also enhances OMS's credibility as a preferred supplier.

Investors should view OMS as a growth-oriented company with a strong balance sheet and a resilient order pipeline. The strategic focus on expanding its geographic footprint while maintaining agility in localized manufacturing presents a favorable outlook for investor interest. Additionally, OMS's ability to navigate the complexities of international markets, paired with its innovative product offerings, suggests potential for continued revenue growth.

Considering these developments, OMS Energy Technologies appears well-positioned for future success. Investors should monitor OMS closely as it continues to leverage its competitive advantages to capture value in the growing oil and gas sector, particularly in emerging markets. A prudent investment decision would consider both the inherent risks associated with the industry and the long-term growth trajectory facilitated by OMS's recent achievements.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

Singapore, March 19, 2026 (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, today announced that its wholly-owned subsidiaries in Singapore and Indonesia have secured new surface wellhead system orders and a contract extension totaling approximately US$2.6 million from oil and gas operators in Oman, Pakistan and Indonesia. These orders reflect continued momentum in the Company's strategy to grow its SWS business across new and existing international markets, deepening customer relationships while expanding its geographic footprint in the Asia Pacific and MENA regions.

OMS Oilfield Services Pte. Ltd. ("OMS Singapore"), the Company's largest subsidiary, received a US$1.0 million order for surface wellhead systems from an existing customer in Oman, a local oilfield services provider serving multiple Omani operators. OMS Singapore has been supplying this customer for approximately 18 months, deepening its understanding of the Omani market. The products will be manufactured at OMS's Singapore facility, with deliveries scheduled for 2026.

OMS Singapore also secured a US$0.26 million order from a new customer in Pakistan, Orient Petroleum Inc. ("OPI"), a leading Pakistani exploration and production company. This new relationship builds on OMS's expanding presence in Pakistan, following the Company's landmark installation of the country's first smart intelligent wellhead system for MOL Pakistan in October 2025 and subsequent specialty connector orders from Pakistani customers announced in January 2026. This order marks another important technical milestone for OMS, representing the Company's first 10,000 PSI full wellhead and production tree system in the country. OMS won the order by meeting OPI's stringent technical specifications and delivery requirements, demonstrating the Company’s localized manufacturing advantages, agility and speed.

Furthermore, PT OMS Oilfield Services ("OMS Indonesia"), one of OMS's longest-established subsidiaries, received a US$1.3 million extension to an existing three-year supply contract with Pertamina Hulu Rokan, a major Indonesian upstream operator, due to demand exceeding the original contract value. The extension underscores the operator's continued confidence in OMS's surface wellhead equipment and delivery capabilities, as well as strong and growing regional drilling demand. The products will be manufactured at OMS’s Duri facility in Indonesia.

Mr. How Meng Hock, Chairman and Chief Executive Officer of OMS, commented, "These orders demonstrate the breadth of our surface wellhead business across multiple geographies and customer segments. The contract extension with Pertamina Hulu Rokan reflects deep operator confidence in our products, while our first 10,000 PSI full win opens the door to higher-value opportunities as Pakistan's energy sector continues to develop. With a healthy order pipeline, debt-free balance sheet and strong localized manufacturing capabilities, we are well-positioned to continue expanding our SWS customer base across the Asia Pacific and MENA regions."

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 engineered solutions 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: ir@omsos.com

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: omsos@thepiacentegroup.com


FAQ**

How does OMS Energy Technologies Inc. (NASDAQ: OMSE) plan to leverage its recent contracts in Oman, Pakistan, and Indonesia to further expand its market share in the Asia Pacific and MENA regions?
OMS Energy Technologies Inc. plans to leverage its recent contracts in Oman, Pakistan, and Indonesia by utilizing these strategic partnerships to enhance regional operational capabilities, increase brand visibility, and expand its service offerings, ultimately driving market share growth in the Asia Pacific and MENA regions.
What specific strategies is OMS Energy Technologies Inc. (NASDAQ: OMSE) implementing to deepen customer relationships, particularly with existing clients in Oman and Indonesia?
OMS Energy Technologies Inc. (NASDAQ: OMSE) is enhancing customer relationships by implementing tailored engagement programs, providing customized solutions, increasing local support services, and leveraging data analytics to better understand and meet the needs of existing clients in Oman and Indonesia.
Can you provide insights into how OMS Energy Technologies Inc. (NASDAQ: OMSE) maintains its competitive edge in manufacturing surface wellhead systems compared to other players in the oil and gas sector?
OMS Energy Technologies Inc. maintains its competitive edge in manufacturing surface wellhead systems through innovative technology, superior engineering capabilities, strategic partnerships, and a focus on cost efficiency, enabling them to deliver high-quality solutions in the oil and gas sector.
What are the potential challenges that OMS Energy Technologies Inc. (NASDAQ: OMSE) might face as it continues to grow its SWS business in emerging markets like Pakistan?
OMS Energy Technologies Inc. (NASDAQ: OMSE) may face challenges in emerging markets like Pakistan due to regulatory hurdles, infrastructure limitations, local competition, currency fluctuations, and varying consumer demand, which could impact the scalability of its SWS business.

**MWN-AI FAQ is based on asking OpenAI questions about OMS Energy Technologies Inc. (NASDAQ: OMSE).

OMS Energy Technologies Inc.

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