Occidental Oman signs three pacts with local firms

      Published on Sunday, 4 November , 2018      8 Views      Comments Add Comment
Occidental Oman signs three pacts with local firms

  • Business

As part of its in-country value (ICV) strategy to support locally manufactured materials and maximise expenditures on goods and services made in Oman,

Occidental Oman signed a new contract with Global Integrated Engineering (GIE), along with two new contracts with Abraj Energy Services.

Under these contracts, GIE will supply sodium chloride (salt) for the operation of the water treatment plant in Mukhaizna, and Abraj will provide drilling rigs for Oman North operations, as well as cementing services.

The signing ceremony was held at Occidental Oman’s headquarters in Muscat.

Present at the signing were Stephen Kelly, President and General Manager of Occidental Oman; Ali Suleym Al Junaibi, CEO of GIE; and Abdullah Al Hadi, AMD of Abraj, who were signatories for their organisations. Abdulkarim Al Ghassani, Vice President for Supply Chain, and other senior executives of Occidental Oman were also present at the ceremony.

Occidental Oman’s contract with GIE signifies Occidental Oman’s support of local production, as GIE will be the first in the Sultanate to manufacture and supply sodium chloride (salt) through the use of solar ponds.

In addition, the two contracts with Abraj, for drilling rigs and cementing services, were signed as part of Occidental Oman’s ICV initiative.

“The contracts signed 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 strongly believe that this will increase investment in the country and guarantee the constant prosperity and diversification of its economy. We look forward to new collaborative opportunities with local manufacturers,” said Kelly.

“This contract will help us to diversify business and expand into a new way of producing quality sodium chloride (salt) in the Sultanate, and we highly appreciate Occidental Oman’s trust in this endeavor. We look forward to providing quality services of the highest standard,” noted Al Junaibi.

“We have been awarded two contracts with Occidental Oman, and our performance in past years was a driver to enable such an achievement. We will continue to make the most out of these exciting opportunities to strengthen our capability and attain our common goals, while working with Occidental Oman,” said Al Hadi.

This contracts reflects Occidental Oman’s contribution to the Government’s ICV strategy. The signed contracts reflect Occidental Oman’s support of economic development in the country, under the umbrella of strategic partnerships and continuous collaborations with key stakeholders.

Category Business | 2018/11/04 latest update at 1:40 PM
Source : Times of Oman | Photocredit : Google
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