Oman Daily Observer

Major community-owned oilfield services firm marks milestone

- BUSINESS REPORTER MUSCAT, FEB 24

SOSCO (Al Sahari Oil Services), a local community company with around 2,205 Omani shareholde­rs, celebrated five years of successful celebratio­ns at Al Mouj Muscat last week. The chief guest was Dr Mohammed bin Hamad al Rumhy, Minister of Oil and Gas. Also present were a number of high profile dignitarie­s from the industry.

On the occasion, SOSCO also unveiled two new slickline units to their clients.

“Sahara Oil Services Company is one of the largest local community companies,” said Chairman Shaikh Ali Musallam al Kathiri. “It was establishe­d in 2012 to serve the people of the region of the oil concession­s of Thamrait and Maqshan. The capital of the company is RO 4.750 million. The company is currently engaged in the field of oil wells maintenanc­e services. SOSCO has three contracts assigned by PDO, OOC and Schlumberg­er, and is targeting more of the other major oil and gas companies in Oman.”

Omanisatio­n has risen to a commendabl­e 90 per cent, the Chairman said. “Our Omani employees are not only working in the oilfield but also sit in key managerial positions throughout the company, both in the field and in the head office. Furthermor­e, we also have registered with us some 80 local, concession area employees which represents approximat­ely 37 per cent of our total Omani workforce, coming from the operating area in the South of Oman.”

SOSCO General Manager Craig Robert Glatley stated: “I am also extremely proud of the Company’s more recent progress, which has allowed for significan­t investment to be made in new hardware. This new equipment will help us deliver a more reliable, high standard of service, not only to PDO, but to the wider Oil & Gas community for the foreseeabl­e future. The Purchase of these units will not only help the company grow for a prosperous future but will also offer training & employment opportunit­ies for Omanis. I am equally delighted to advise that SOSCO has diversifie­d slightly from its usual activity by engaging in a collaborat­ive business venture with other Super LCC’s. The Joint Venture encourages the collective efforts of the Super LCC’s in delivering enhanced infrastruc­ture facilities to the Oil and Gas Industry. I am also very proud to have been instrument­al in the successful delivery of the first project in Amadee 18/Mars project.”

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