OMS Energy Technologies (NASDAQ:OMSE) secured approximately $2.2 million in new specialty connector orders on Wednesday, a move that underscores the company’s accelerating pivot toward geographic diversification and higher-margin engineered solutions.
The new contracts, split between major national oil companies and state operators in the United Arab Emirates, Pakistan, and Indonesia, signal a strategic victory for the Nasdaq-listed manufacturer as it works to reduce its revenue concentration in Saudi Arabia.
The bulk of the new business comes from a $1.4 million order for the UAE, which will be supplied by the company’s Singapore operations.
Deliveries for this contract are scheduled for March and April 2026.
Simultaneously, OMS Singapore booked $0.4 million in orders from Pakistan, while its Indonesian unit secured roughly $0.4 million from two state operators for a specific offshore gas project.
Manufacturing for the Indonesian orders will take place at the company’s Bogor facility.
Management noted that these orders further reinforce the company’s manufacturing and delivery capabilities at a time when global energy infrastructure demand remains robust.