Occidental Oman signs two multi-year contracts
Muscat - Occidental Oman signed two new multi-year contracts with Gulf Triangle Industries & Services and Muscat National Petrochemicals & Supplies, as part of its in-country value (ICV) strategy to support locally manufactured materials and maximise expenditure on goods and services made in Oman.
Both companies will supply Occidental Oman with dolomitic lime for Occidental Oman’s Mukhaizna field operations, according to a press release.
The signing ceremony was held at Occidental Oman’s headquarters in Muscat.
The agreement was signed by Stephen Kelly, president and general manager of Occidental
Oman; Younis al Amri, chief executive officer of Gulf Triangle Industries & Services; and Abdul Hamid al Shanfari, CEO of Muscat National Petrochemicals & Supplies. Abdulkarim al Ghassani, vice president for supply chain, and other senior executives of Occidental Oman were also present at the event.
“The contracts reaffirm our wide-ranging commitment to enhance the collaborative efforts of the oil and gas industry to efficiently develop a competitive Omani supply chain. We believe that this will increase investment in the country and support diversification of its economy. We look forward to new collaborative opportunities with local manufacturers,” said Kelly.
“We highly appreciate the trust that Occidental Oman has placed on us by awarding this contract, and look forward to grow our operations to produce dolomitic lime, and to provide products of the highest standards,” said Amri.
“We are excited by the opportunities this award will provide, as this contract will help us seize the opportunity to grow further with our production. We feel confident that together we will facilitate and serve industry demands,” said Shanfari.
This agreement signing makes concrete the efforts exerted by Occidental Oman to contribute to the Omani government’s ICV strategy. Occidental Oman endeavors to support economic development in the country under the umbrella of strategic partnerships and continuous collaboration with key stakeholders.