"Luiz has been a key player in the 2011 season in helping grow our GP2 team from a starting point of an empty factory in late 2010 to finishing sixth in our first championship," said team principal Riad Asmat. "I am sure he will perform extremely well for us in both the GP2 event and in the F1 car and we are all looking forward to seeing him successfully complete this next stage of his development."
"I am very pleased to be working with the team again," said the Brazilian driver. "We had a great relationship throughout our first season and it will be good to continue that in Abu Dhabi ... I have been training very hard recently and I am focused and confident we can go out there and be really competitive next week."
Razia also has previous experience of Abu Dhabi from previous GP2 outings, although he admits that: "The start of the 2011 season at the Yas Marina Circuit did not go well for me so we will not be repeating that again - but looking back I had a really good race there in 2010."
Also revealed as having successfully claimed a seat with Ocean Racing Technology for the GP2 Final next weekend was 20-year-old Portuguese driver António Félix da Costa, after a season in GP3 that saw him claim victory in the final sprint race of the year at Monza.
Although not formally announced by the team, the news was confirmed by da Costa himself via Twitter when he posted "Hey Guys, now its official! I will race GP2 Series next weekend in Abu Dhabi Grand Prix with Ocean Racing!
"So this weekend just training and getting ready 4 the 2 best weeks of the season! GP2 race in Abu Dhabi and Macau GP the week after!" he added later.
Da Costa spent two of the four days of post-season testing at Jerez and Barcelona with Ocean, finishing in the top ten in three of the four sessions. He also tested with Caterham Team AirAsia for one day at Jerez and with Lotus ART at Barcelona.
Most of the 26 race seats are now filled for next week's event, with only around eight yet to be announced.