Major oil, gas companies join efforts to boost level of Omanisation

Major oil, gas companies join efforts to boost level of Omanisation

Muscat: Demonstrating robust efforts and drive towards enhancing In-Country Value (ICV), four major oil and gas entities in the Sultanate have joined hands to boost the level of Omanisation in key turnaround and maintenance work on their facilities. Petroleum Development Oman (PDO), Oman LNG, OQ and Opal signed a remote agreement on turnaround and maintenance activities to build on an earlier signed Memorandum of Understating (MoU) between the same parties to explore the local market needs of skilled workforce and the feasibility of this project. The agreement was signed by Raoul Restucci, PDO Managing Director, Hamed Al Naamany, CEO of Oman LNG, and Ahmed Al Azkawi, OQ Head of Procurement. This signing comes as an initiative to maximise ICV in turnaround activities which are usually dominated by short term expatriate workforce. The three oil and gas operators, which undertake various maintenance work throughout the year, foresee this as a significant milestone in providing the necessary impetus to the sector's on-demand local skilled capabilities which would ultimately replace the short term expatriate workforce. The operators, in collaboration with Opal, established an integrated turnaround and maintenance execution programme which aims to develop and nurture local capabilities in turnaround execution, as well as