
GLA & Company Acts for OMS Energy Technologies in Landmark Nasdaq IPO
GLA & Company is proud to announce that it has served as local counsel in the Kingdom of Saudi Arabia (KSA) for Singapore-based OMS Energy Technologies’ subsidiary OMS Oilfield Services Arabia Ltd in connection with successful initial public offering (IPO) of OMS Energy Technologies on the Nasdaq Stock Exchange, raising USD 33.3 million.
The GLA team advising on this deal was led by Partners Hegui Taha and Mohammed Al Mandeel and supported by Associates Shahad Al Humaidani and Jehan Saleh.
This milestone transaction marks a significant step in OMS Energy Technologies’ global growth journey and strengthens its presence in key oil and gas markets, including the Kingdom of Saudi Arabia.
As a leading regional Law firm, GLA & Company’s involvement underscores its deep expertise in cross-border capital markets transactions and its commitment to supporting international clients in navigating complex regional legal frameworks.
Commenting on the deal, Alex Saleh, Managing Partner at GLA & Company, stated, “We are proud to have supported OMS Energy Technologies and its KSA subsidiary on this landmark transaction. Our firm’s on-the-ground expertise in KSA.
OMS Energy Technologies, is a leading manufacturer and provider of critical components for oil and gas exploration and production, listed 3.7 million shares at USD 9.00 per share, resulting in a post-offering valuation of approximately USD 348 million. OMS operates through subsidiaries across Singapore, Malaysia, Brunei, Thailand, Indonesia, and Saudi Arabia, with 11 manufacturing facilities strategically located across the Asia-Pacific and MENA regions