oil country tubular goods (OCTG)

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OMS Energy Technologies Inc. Expands Sustainable Wellhead Refurbishment Program
Globenewswire· 2025-10-21 10:00
Fulfills Growing Industry Demand for OMS’s Responsible SolutionsSINGAPORE, Oct. 21, 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, today announced an expansion of its wellhead refurbishment program in Indonesia. Heightened interest in the program demonstrates the industry’s deepening trust in OMS’s precision engineering capabi ...
OMS Energy Technologies Inc. CEO How Meng Hock Takes Center Stage at DFIN Capital Markets Event
Globenewswire· 2025-09-26 10:00
Core Insights - OMS Energy Technologies Inc. recently participated in a panel at a DFIN event focused on U.S. IPOs for Southeast Asian companies, highlighting its successful Nasdaq listing earlier this year [1][2][3] Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry, serving both onshore and offshore operators [4] - The company operates 11 strategically located manufacturing facilities across six key jurisdictions in the Asia Pacific, Middle Eastern, and North African (MENA) regions, ensuring rapid response and customized solutions [4] Event Participation - The DFIN event gathered corporate leaders and capital markets experts to discuss IPO strategies and challenges, where OMS's CEO shared insights on public listing preparation and post-IPO growth strategies [2][3] - Mr. How Meng Hock emphasized the learning journey of going public and the opportunities it presents for long-term shareholder value creation through innovation and execution excellence [3]
OMS Energy Technologies Inc. Celebrates Nasdaq Listing with Opening Bell Ceremony, Highlighting Post-IPO Momentum and Growth
Globenewswire· 2025-08-28 21:00
Core Insights - OMS Energy Technologies Inc. successfully completed its initial public offering (IPO) on May 13, 2025, and celebrated by ringing the Nasdaq Opening Bell, marking a significant milestone in its 50-year history in the energy sector [1][2]. Company Overview - OMS is a growth-oriented manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry, serving both onshore and offshore operators [6]. - The company operates 11 strategically located manufacturing facilities across the Asia Pacific, Middle Eastern, and North African regions, ensuring rapid response times and customized solutions [6]. Financial Performance - For the fiscal year ending March 31, 2025, OMS reported total revenues of US$203.6 million, indicating strong financial performance [4]. - The company has secured a 10-year supply agreement with Saudi Aramco, projected to generate annual revenues between US$120 million and US$200 million [4]. Strategic Initiatives - OMS is focusing on strategic expansion initiatives and increasing investments in innovative research and development (R&D) to enhance its operational capabilities [2]. - The company has recently secured new orders, including a contract for surface wellhead systems in Angola and a renewed three-year agreement with PTTEP in Thailand, which deepens its presence in Southeast Asia [4]. Innovation and Technology - OMS is advancing its innovation pipeline, having completed Phase 1 of its proof of concept for high-pressure, high-temperature (HPHT) gate valves utilizing Additive Manufacturing technology [4].
OMS Energy Technologies Inc. Filed 2025 Annual Report on Form 20-F
Globenewswire· 2025-07-25 11:00
Core Viewpoint - OMS Energy Technologies Inc. has filed its annual report on Form 20-F for the fiscal year ended March 31, 2025, with the U.S. SEC on July 25, 2025 [1] Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry [3] - The company serves both onshore and offshore exploration and production operators across six vital jurisdictions in the Asia Pacific, Middle Eastern, and North African (MENA) regions [3] - OMS operates 11 strategically located manufacturing facilities in key markets, ensuring rapid response times and customized technical solutions [3] - In addition to SWS and OCTG, OMS provides premium threading services to enhance operational efficiency for its customers [3]
OMS Energy Technologies Inc. Issues Post-IPO Operational Update Featuring Customer Growth, Expansion Initiatives and R&D and Safety Achievements
Globenewswire· 2025-06-16 12:15
Core Insights - OMS Energy Technologies Inc. has successfully listed on Nasdaq and is preparing for its inaugural earnings call, highlighting a strong operational foundation and commitment to financial management [1][3] Operational Highlights - The company has established long-term contracts and relationships with oil companies and service providers across Asia Pacific, MENA, and West Africa, including a new contract in Angola [4][6] - OMS is experiencing customer growth in Indonesia, attracting new clients and driving sales of surface wellhead and Christmas tree products [5] - A new three-year agreement with PTTEP in Thailand and a 10-year supply agreement with Saudi Aramco are expected to stabilize and significantly boost revenue [6] Geographic and Talent Pool Expansion - OMS operates 11 manufacturing facilities across six countries, enhancing its competitive edge by hiring local talent and participating in government contracts [7] - The company is exploring new jurisdictions to increase market share and expand its global reach [7] Product Development & Manufacturing Advancements - OMS is investing $1.1 million in Additive Manufacturing research to develop a metallic seal for high-pressure-high temperature gate valves, which is expected to improve supply chain efficiency [10] - The company is leveraging its manufacturing expertise to fulfill orders under long-term agreements with major clients, ensuring shorter lead times [11] Occupational Health, Safety and Environmental Management Enhancements - OMS holds multiple ISO certifications, including ISO 9001 and ISO 45001, demonstrating its commitment to quality and safety in operations [12] Strategic Development Initiatives - The company is focused on sustainable growth through R&D collaborations and exploring acquisitions and joint ventures to diversify revenue [13]