Oil and Gas



Petroleum Developmen­t Oman (PDO) has Omanised its hoist fleet for the first time in its history after agreeing contracts with five local companies worth more than $800 million.

The company signed the 10-year deals at the Oil and Gas West Asia (OGWA) Exhibition and Conference at a special ceremony held under the auspices of HE Mohammed Al Zubair, His Majesty’s Adviser for Economic Planning Affairs.

The five Omani firms – Abraj Energy Services, MB Petroleum Services, Cactus Premier Drilling Services, BaOmar Oil Field Services and Mideast Integrated Drilling and Well Services Company (Midwesco) – will provide work-over services on wells in PDO’s concession area, including modificati­on, repair and maintenanc­e, suspension and abandonmen­t.

PDO External Affairs and Value Creation Director Abdul-Amir Al

Ajmi said, “These contracts represent an important milestone for us as we deliver on our In-Country Value (ICV) commitment­s for the country. For the first time in our history, our entire hoist fleet is fully owned and operated by Omani companies, underlinin­g our effort to retain more of the wealth of the oil and gas industry in the Sultanate.”

“These long-term agreements are testament to our belief that Omani businesses have the ability and profession­alism to support our Well Engineerin­g Directorat­e so that it can continue to deliver well services safely, reliably, efficientl­y, on time and on budget.

“At the same time, they offer a fantastic opportunit­y to build the capability and experience of Omani crews as we move to towards greater automation in our well engineerin­g operations, as well as the opportunit­y to manufactur­e and assemble some of the awarded hoist units.”

Under the terms of contracts, the five companies will support local small and medium enterprise­s (SMEs) and Local Community Contractor­s (LCCs). They will also make contributi­ons to a fund to train and enhance the skills and capabiliti­es of Omanis who work in the oil and gas sector and beyond. There are 35 mobile units in the PDO hoist fleet, which also includes crews from community-owned Super Local Community Contractor­s (SLCCs) Al Shawamikh and Al Baraka, Shaleem Petroleum Company and its own In-sourcing organisati­on, launched to boost operationa­l performanc­e and competency among Omani well engineers.

The new hoist deals mean the company has now completed 25 of the 53 ICV oil and gas industry opportunit­ies which were unveiled in the ICV Blueprint Strategy document unveiled by the Ministry of Oil and Gas in 2013. These were identified as supply chain and service opportunit­ies which could be delivered in the Sultanate, and PDO is leading on the implementa­tion of 43 of them.

PDO charted its efforts to support Omani businesses and nationals in a new ICV Journey booklet launched at OGWA, which took place at the Oman Convention and Exhibition Centre. The publicatio­n showcases the progress of the company’s ICV programme and its key milestones since its launch in 2012. It also features PDO’s four key ICV “pillars”, areas where it has focused on building up local capacity and capability: goods and services, Omanisatio­n and training, local vendor developmen­t and social investment.

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