SRJ Secures US$4.4m Three-Year Robotic Inspection Contract with UAE Oil Operator

SRJ Technologies has locked in a three-year, US$4.4 million deal to deploy its robotic leak detection and emissions inspection services for a major UAE state-owned oil and gas operator, following a successful proof-of-concept trial.

  • Three-year contract worth US$4.4 million with UAE government-owned upstream oil operator
  • Contract builds on successful proof-of-concept at onshore gas facility
  • Services cover advanced robotic leak detection and emissions inspection onshore and offshore
  • Positions SRJ for recurring revenue and regional expansion in Middle East
  • Contract operates on call-off basis with potential two-year extension
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Major Middle East Contract Validates SRJ’s Robotic Inspection Technology

SRJ Technologies Group Plc (ASX:SRJ) has landed a significant three-year contract valued at US$4.4 million (A$6.1 million) to provide advanced robotic leak detection and emissions inspection services to a leading government-owned upstream oil and gas operator in the United Arab Emirates. This deal follows a successful proof-of-concept campaign at one of the client’s onshore gas facilities, underscoring the effectiveness of SRJ’s proprietary remote inspection technologies.

The client, a state-owned operator managing a portfolio of mature onshore and offshore oil and gas assets, demands high standards of safety, environmental responsibility, and regulatory compliance. SRJ’s UAE subsidiary, Air Control Entech Survey LLC (ACE), will deploy its robotic inspection solutions to support these objectives across multiple facilities, with the contract structured on a call-off basis and subject to agreed operational and safety protocols.

Recurring Revenue Stream and Regional Growth Opportunity

While the contract value of US$4.4 million is indicative and not guaranteed due to call-off terms, it offers SRJ a promising recurring revenue stream over the next three years, with an option for a two-year extension at the client’s discretion. This contract not only validates SRJ’s technology but also strengthens its foothold in the Middle East energy sector, a region where the company has been actively expanding its presence.

This latest deal complements SRJ’s recent successes in the region, including a multi-year robotic inspection contract with Divetech, a subsidiary of AD Ports Group, which could generate up to US$1.3 million over 18 months. Together, these contracts highlight SRJ’s growing role in delivering technology-driven asset integrity and emissions management solutions across both oil and maritime sectors in the UAE.

Technology Driving Safer, More Efficient Inspections

SRJ’s advanced robotic systems enable non-intrusive, remote inspections that reduce the need for manual intervention, thereby enhancing safety and operational efficiency. The company’s proprietary technologies provide high-accuracy leak detection and emissions quantification, critical for maintaining asset integrity and meeting stringent environmental standards.

CEO Kurt Reeves emphasised the strategic importance of the contract, stating it represents a "significant milestone" and validates SRJ’s technology with a major national oil company. The company’s focus on data-driven integrity monitoring aligns with the client’s commitment to safety and environmental stewardship, positioning SRJ as a key partner in the region’s energy transition efforts.

Bottom Line?

SRJ’s new contract marks a strategic foothold in the Middle East, but future revenue hinges on activity levels under a call-off model and potential contract extensions.

Questions in the middle?

  • How will SRJ scale its operations to meet potential increased demand across the client’s extensive asset portfolio?
  • What are the competitive dynamics in robotic inspection services within the Middle East oil and gas sector?
  • Could this contract pave the way for SRJ to secure similar deals with other state-owned operators in the region?