Al Majal

What Al Majal does

Al Majal for Oil and Energy Services is a privately held, 100% Iraqi-owned integrated oil and gas services company headquartered in Basra, founded in 2008. The company operates through six wholly-owned business units covering the full upstream value chain: Al-Majal Technical Services (AMTS) for repair, maintenance and engineering of rotating equipment, valves and tubulars; Al-Majal Energy Services (AMES) for oilfield equipment rental and downhole tools; Al-Majal Oilfield Services (AMOS) for well services including cementing, coiled tubing, stimulation, wireline, filtration and tubular running; Al-Majal Business Park (AMBP) for life support, accommodation and office leasing; Al-Majal Human Resources (AMHR) for recruitment, payroll and HR outsourcing; and Al-Majal Logistics Services (AMLS) for freight forwarding, warehousing and procurement. Al Majal's revenue is generated primarily through enterprise project-based contracts, long-term service agreements, and equipment rentals with international oil companies, national oil companies, EPC contractors and drilling contractors operating in Iraq's energy sector. Pricing is quote-based and project-specific.

Al Majal complements its wholly-owned units with four joint ventures that embed international technical IP into its Iraqi operations: Wood Al Majal (51% Al Majal / 49% Wood Group) for maintenance, engineering and minor modifications; Al Majal Sulzer for OEM-grade rotating equipment services; Al Majal Score for valve repair, refurbishment and ECITB-accredited training; and Al Holoul (with Wellbore Integrity Solutions) for fishing and remedial well services. The company holds OEM accreditations from Tenaris, Voestalpine, JFE, NOV, Emerson, Sulzer and ABB, and operates from 500,000+ sqm of developed facilities inside Iraqi oilfield concessions, including 14,000 m² of API-grade workshops, 12,000+ m² of yards, 3,000+ m² of warehouses and 6 mobile containerized workshops. Named customers include Shell, BP, ExxonMobil, Lukoil, PetroChina, Petronas, Schlumberger, Baker Hughes, Siemens, ABB, KCA Deutag and Bonatti. The company employs over 1,000 people and maintains regional offices in Dubai and Amman.

The 2022 acquisition of ITS (Parker Drilling) Iraq added tubular running services capability, and the company has continued to add brand representations (e.g., ABB UPS division) and digital tools (AMHR Connect, SAP ERP-enabled warehouses). However, no AI/ML, proprietary software platform, or recurring SaaS revenue is disclosed; the business remains fundamentally industrial, project-based and geographically concentrated in Iraq with no public revenue disclosure, no outside equity funding, and no public listing.

Name

Al Majal

Legal name

Al Majal for Oil and Energy Services

Website

https://almajalenergy.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Al Majal is a privately held Iraqi integrated oil and gas services company operating six business units and four joint ventures across technical services, well services, equipment rental, HR, logistics, and life support, serving IOC, NOC, and EPC clients primarily in Iraq.

Ownership category

akta.pro rank

Headquarters

HQ city

Basra

HQ country

Iraq

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Oil & Gas Technical Services: Revenue from repair, maintenance, and engineering services for rotating equipment, valves, oilfield equipment, drilling tools, and pressure control equipment. Includes long-term service agreements and project-based work.
2. Equipment Rental Services: Revenue from renting oilfield equipment including drilling jars, shock tools, mud motors, MOCS tools, DL reamers, under reamers, and other downhole tools to operators and service companies.
3. Logistics & Transportation Services: Revenue from international freight forwarding, in-country transportation, warehouse management, vehicle and equipment leasing, and procurement services.
4. HR Solutions & Manpower Services: Revenue from recruitment, payroll management, compliance services, training, outsourcing solutions, and manpower staffing to energy sector clients.
5. Life Support Services: Revenue from residential accommodations, dining, events, office leasing, security, medical services, recreation, and workshop/warehousing solutions at business parks.
6. Well Services: Cementing, coiled tubing, stimulation, wireline, filtration, tubular running, well testing, and slickline services for well intervention and completion.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Al Majal is a leading Iraqi oil and gas services company that provides integrated services to international oil companies, national oil companies, and EPC contractors operating in Iraq. The company delivers repair, maintenance and engineering services, oilfield equipment rental, well services (cementing, coiled tubing, stimulation, wireline, tubular running), logistics support, life support, and HR solutions through six wholly-owned business units and four joint ventures with international partners.

Product overview

Al Majal is a leading Iraqi oil and gas services company offering a multi-unit portfolio of integrated services. The company operates six core business units: Al-Majal Technical Services (AMTS) providing repair, maintenance and engineering; Al-Majal Energy Services (AMES) for oilfield equipment rental; Al-Majal Oilfield Services (AMOS) for well services including cementing, coiled tubing, stimulation, wireline, and tubular running; Al-Majal Business Park (AMBP) for life support services; Al-Majal Human Resources (AMHR) for HR solutions; and Al-Majal Logistics Services (AMLS) for freight and warehousing. The portfolio also includes four joint ventures: Al Holoul (fishing and remedial services), Wood Al Majal (maintenance and modifications), Al Majal Sulzer (rotating equipment), and Al Majal Score (valve services). Founded in 2008 with headquarters in Basra and operations in Baghdad and Erbil, the company employs over 1,000 people across 500,000 sqm of developed facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Al-Majal Technical Services (AMTS)

Quantifiable outcome

• 500,000+ sqm of developed facilities providing comprehensive service capacity
• +2 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• Sulzer Pumps Middle EastcoreStrategic or Co-development PartnerAl Majal Sulzer is a joint venture between Al Majal Technical Services and Sulzer Pumps Middle East. The JV integrates existing Al Majal capabilities and infrastructure with Sulzer's history and expertise in rotating equipment engineering. The venture provides comprehensive pump, motor, and rotating equipment services in Iraq.
• Score (Europe) Limited, Scotland, UKcoreStrategic or Co-development PartnerAl Majal Score is a joint venture by Al Majal Technical Services and Score (Europe) Limited, Scotland, UK. The JV brings expert valve repair and refurbishment capabilities, bespoke engineering solutions, valve training, onsite services, and emissions elimination programs to end users in Iraq.
• Wellbore Integrity Solutions FZEcoreStrategic or Co-development PartnerAl Holoul is a Joint Venture between Wellbore Integrity Solutions FZE and Al Majal for the execution of all relevant Oil & Gas projects relating to Fishing & Remedial Services in Iraq. Al Holoul provides a comprehensive suite of products and services that enhance the lifecycle of oil, gas, and geothermal wells.
• Wood Group HoldingscoreStrategic or Co-development PartnerWood Al Majal is a registered LLC (51% Al Majal, 49% Wood Group Holdings) that integrates Wood's global consulting and engineering expertise with Al Majal's local capabilities. Wood has 35,000 employees and operational presence in Iraq since 1975. The venture provides optimized end-to-end delivery for maintenance repair orders and minor plant modifications.
• Gulf Catering Company (GCC)supportingStrategic or Co-development PartnerAMBP collaborates with Gulf Catering Company (GCC) for managing remote kitchen sites and providing diverse range of meal options for tenants at Al Majal Business Park locations.
• Prevensure for Insurance BrokerssupportingStrategic or Co-development PartnerAl Majal Logistics Services partnered with Prevensure to offer comprehensive insurance and reinsurance broking services, along with tailored risk management solutions through Prevensure for Insurance Brokers (Himayat Al Majal) and Prevensure for Reinsurance Brokers (Majal Al Wikaya).
• ABB UPS DivisionsupportingChannel Partner/ Reseller/ DistributorAMLS officially represents ABB through its UPS division across the whole of Iraq. ABB Uninterruptible Power Supply systems are considered most energy-efficient in the industry. AMLS supports clients with system design, commissioning, training and maintenance of UPS assets.
• Global Freight Agency NetworksupportingChannel Partner/ Reseller/ DistributorAl Majal Logistics Services is a member of a global freight agency network, holding IATA and IMDG certifications for efficient and timely delivery of goods into and out of Iraq.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Weatherford International: Global oilfield services major operating drilling, evaluation, and production services in Iraq — competes with Al Majal's AMOS well services and AMTS maintenance capabilities while also being a customer via equipment-related work.
• Halliburton: Global oilfield services major with substantial Iraqi operations competing across drilling, completions, and well intervention — a direct competitor and customer overlapping Al Majal's well services portfolio.
• SLB (Schlumberger): World's largest oilfield services company with significant Iraq operations — both a customer of Al Majal and a competitor across well services, drilling, and digital oilfield offerings in the same Iraqi concessions.
• ManpowerGroup Middle East: Global workforce solutions provider operating across the Middle East — competes with Al Majal's AMHR recruitment, payroll, and HR outsourcing services for enterprise energy-sector clients.
• NES Fircroft: Global energy-focused recruitment, workforce solutions, and engineering services firm — comparable to Al Majal's AMHR HR outsourcing and manpower staffing business serving the same oil & gas customer base.

Regional players

• Gulf Drilling International: Qatar-based offshore and onshore drilling contractor serving Middle East NOCs — relevant regional comparison for Al Majal's drilling-related equipment rental and well services in the GCC/Iraq theater.

Direct peers

• OilSERV: Middle East oilfield services contractor offering drilling, well intervention, and equipment services to IOC/NOC clients — comparable in regional positioning, customer profile, and integrated-service approach to Al Majal.
• Topaz Energy and Marine: UAE-headquartered energy logistics and marine services company supporting offshore and onshore oil & gas operations across the Middle East — comparable to Al Majal's AMLS logistics, transportation, and life-support offerings.
• National Petroleum Services (NPS): Bahrain-headquartered integrated oilfield services company serving NOCs/IOCs across the Middle East with equipment rental, well services, and maintenance — a direct competitor to Al Majal's integrated service model in the regional upstream market.
• AlMansoori Specialized Engineering: UAE-based oilfield services company providing drilling, well services, equipment rental, and project support to Middle East operators — comparable integrated service portfolio and customer overlap in the regional upstream market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/al-majal-energy
• Facebookfacebook.com/almajalbusinesspark

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Majal