Core Insights - OMS Energy Technology Company (OMSE) is undergoing a transformation as it recently went public on NASDAQ, aiming for brand building and global expansion rather than just financing [2][5] - The demand for oil and gas is expected to persist, with a focus on enhancing recovery rates from existing wells rather than developing new ones [3] Company Overview - OMSE was established in 1972 and specializes in upstream oil and gas, providing engineering products and services for drilling and production [2] - The company has established 11 operational facilities in Southeast Asia and launched its largest production base in Saudi Arabia in 2022 [2] - OMSE employs approximately 600 people and is expanding its international presence [2] Market Trends - The global energy market is witnessing a shift, with oil and gas demand remaining significant despite the rise of renewable energy [3] - Indonesia plans to increase its crude oil production from 600,000 barrels to 1 million barrels per day, while Malaysia and Thailand are focusing on natural gas development [3] - The Enhanced Oil Recovery (EOR) market is projected to reach $73.2 billion by 2030, with a compound annual growth rate of 6.8% from 2025 to 2030 [3] Strategic Focus - OMSE aims to provide engineering products to international oil companies and is increasing its R&D investments to enhance product and technology competitiveness [4] - The company is considering mergers and acquisitions to diversify its product offerings and enter niche markets related to recovery enhancement and well completion [4] - OMSE plans to strengthen its presence in the U.S. market and maintain close ties with capital markets to drive global growth [4]