CALGARY, AB: RocketFrac Services Ltd. (“RocketFrac” or “the Company”), an innovative Cleantech Energy Services Company, is pleased to announce that it has signed an exclusive representative agreement with Amran Establishment LLC (“Amran”) for the territory of the Sultanate of Oman.
The two-year agreement, effective April 1, 2022, provides Amran exclusive rights to market RocketFrac in the Sultanate of Oman. The agreement includes an option to renew for an additional two-year period, subject to a formal review within 90 days, prior to the agreement’s end date.
“This collaboration between RocketFrac and Amran, an industry leader in Oman, is an exciting opportunity for RocketFrac going forward,” says RocketFrac CEO, Tom Whalen. “Amran’s established presence in the region provides RocketFrac immediate access to an important market that is especially suited to the Company’s waterless well stimulation solution.”
RocketFrac is an innovative Energy Service Company with proprietary technology that unlocks tight reservoirs with a lower environmental footprint than alternatives. By eliminating the need to use water in the fracking process, RocketFrac’s patent-pending technology conserves this important resource, while lowering greenhouse gas emissions, and improving operational efficiency. This approach respects Environment, Social and Governance (ESG) commitments, while contributing to critical energy independence needs around the world.
Founded in 2017, and headquartered in Canada, RocketFrac is working with international representatives in multiple markets to bring its unique fracking technology to a global customer base. RocketFrac is guided by experienced energy sector experts. Leadership includes CEO Tom Whalen, former President and Managing Director of Baker Hughes Canada, CTO Pavan Elapavuluri, formerly of Schlumberger, and The Honorable Ronald R. Spoehel, Chairman, formerly of NASA.
Amran was established in 1978, by Mr. Said Amran Al Harthy, with the aim of providing the oil and gas industry in the Sultanate of Oman with the latest technology and expertise. From a modest beginning, the company has grown to be one of the largest contractors of oil and gas field equipment and services in the Sultanate, and today represents some of the best-known manufacturers and service providers in the industry.
