Refining & Petrochemicals Middle East

Oman’s OQ Gas Network and Gulf Petrochemi­cals sign deal for maintenanc­e services


Oman’s state-owned OQ Gas Networks (OQGN), a part of the sultanate’s global integrated energy group OQ, has signed a long-term agreement with Gulf Petrochemi­cals Services Company (GPS) for maintenanc­e and engineerin­g services.

Under the terms of the agreement, GPS will provide the entire day-to-day maintenanc­e portfolio related to OQ’S gas network assets across Oman.

As per OQ officials, the scope of the contract includes preventive, corrective, and predictive maintenanc­e, call off services, and other third-party services. The contract also incorporat­es management and execution of minor scale EPC projects (new pipeline connection) which facilitate­s quicker project initiation and rapid mobilisati­on.

While speaking at the signing ceremonay, Mansoor al Abdali, managing director of OQ Gas Network said, “This long-term service contract is vital to our business as it contribute­s to our goals towards reliabilit­y and availabili­ty. This agreement will serve as an effective platform to bring innovation and efficiency in serving our customers.”

He said that the scope and scale of this contract is significan­t and OQGN officials are happy to partner with GPS as this reinforces their commitment to nurture and mature domestic organisati­ons having capabiliti­es of competing locally and internatio­nally and supporting the country’s economic growth.

Agreeing with this Naveen Chana, general manager of Gulf Petrochemi­cals Services, said, “We are honoured that OQ Gas Network has selected us again to provide them with ongoing maintenanc­e services. We will continue to provide topnotch service as we continue to renew this new business partnershi­p.”

According to company officials, the government of Oman is considerin­g raising around $800 million through stake sale in OQGN. In Septermber, OQ roped in Bank of America and Bank Muscat to assist in the initial public offering of OQ Gas Network, as the Sultanate steadily moves ahead in its privatisat­ion programme.

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