PDO and Oman LNG sign col­lab­o­ra­tion agree­ment

Muscat Daily - - BUSINESS -

Mus­cat - Pe­tro­leum De­vel­op­ment Oman (PDO) and Oman Liq­ue­fied Na­tional Gas (Oman LNG) signed a three year part­ner­ship agree­ment to en­hance tech­ni­cal and com­mer­cial co-oper­a­tion.

The col­lab­o­ra­tion is a con­sol­i­da­tion of ef­forts in re­la­tion to staff de­vel­op­ment and ca­pac­ity build­ing, where both com­pa­nies will share knowl­edge and ex­change ex­per­tise in var­i­ous dis­ci­plines across the oil and gas in­dus­try, ac­cord­ing to a press re­lease.

It will un­der­pin both com­pa­nies’ aim to strengthen co-oper­a­tion in ar­eas such as in-coun­try value (ICV) to re­tain more of the oil and gas in­dus­try’s wealth in Oman, en­gi­neer­ing ser­vices, mar­ket in­tel­li­gence, tech­ni­cal as­sur­ance, cap­i­tal projects, cost en­gi­neer­ing, health, safety and en­vi­ron­ment (HSE), con­tracts and pro­cure­ment, and lean busi­ness ef­fi­ciency.

The tech­ni­cal ser­vice level agree­ment was signed on Sun­day by PDO’s man­ag­ing di­rec­tor Raoul Res­tucci and Oman LNG chief ex­ec­u­tive of­fi­cer Harib al Ki­tani at PDO Knowl­edge World.

Res­tucci said, “PDO is com­mit­ted to col­lab­o­rat­ing with part­ners both in the sul­tanate and be­yond in ar­eas of mu­tual in­ter­est which will con­trib­ute to the sus­tain­able de­vel­op­ment of Oman’s econ­omy. This agree­ment builds on the ex­ist­ing strong re­la­tion­ship we have with Oman LNG and will fur­ther en­hance the per­for­mance of both com­pa­nies through shar­ing ex­per­tise and best prac­tice.”

“We are both fully com­mit­ted to cre­at­ing value for Oman and fos­ter­ing staff de­vel­op­ment and this new ac­cord will en­able a more seam­less work­ing re­la­tion­ship,” he said.

Ki­tani said, “We con­tinue to press for­ward to en­hance skillsets in the oil and gas in­dus­try through staff de­vel­op­ment and pro­gres­sion. Our col­lab­o­ra­tion with in­dus­try part­ners en­ables staff to reach their full po­ten­tial which builds a strong foun­da­tion to de­liver in­coun­try value and si­mul­ta­ne­ously en­hances the busi­ness at large.”

“We wel­come more col­lab­o­ra­tion on sim­i­lar ac­tiv­i­ties with PDO and other in­dus­try part­ners,” Ki­tani added.

The joint agree­ment will pro­vide sec­ond­ment op­por­tu­ni­ties for both com­pa­nies’ staff to bol­ster their tech­ni­cal and com­mer­cial skills, and pave the way for the ex­change of in­for­ma­tion on the na­tional and in­ter­na­tional oil and gas mar­kets and the shar­ing of les­sons from ar­eas of chal­lenge.

Harib al Ki­tani (left) and Raoul Res­tucci signed the col­lab­o­ra­tion agree­ment on Sun­day

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