Gulf Oil and Gas accountACCOUNT

PDO Awards $780M Key Contracts to Omani Firms

Source: www.gulfoilandgas.com 5/7/2017, Location: Middle East

Share |
Petroleum Development Oman (PDO) has awarded two key contracts valued at around RO 300 mln to Omani businesses for work in the north of its operations in the Sultanate.

Under the terms of the deals, off- plot mechanical work will be carried out by local community contractor (LCC) Seeh Al Sarya Engineering at PDO oil fields at Fahud, Lekhwair and Yibal and by Galfar Engineering & Contracting SAOG at Qarn Alam.

The contracts, which were signed at an official ceremony at PDO’s Mina Al Fahal headquarters in Muscat, will run for four years with options to extend into the future.

Both companies have pledged to uphold PDO’s rigorous standards on safety, quality project delivery and ICV, including the development and Omanisation of other LCCs and SMEs.

PDO Managing Director Raoul Restucci said, “We are committed supporters of building local companies which are capable of competing locally, regionally and internationally.

“Local companies play an instrumental role in supporting and diversifying the country’s economic growth and PDO is delighted to support Omani companies which are staffed with committed professionals and are able to deliver great work in our fields, safely and efficiently.”

Seeh Al Sarya Engineering and Galfar Engineering & Contracting SAOG will mainly be responsible for providing off- plot mechanical work. Working closely with PDO’s National Objectives programme, both contracts will provide around 700 job opportunities for Omanis, who will be trained and developed to international standards. They will also provide business opportunities to LCCs and SMEs via or beyond the minimum ring fence scope of the contracts.

Seeh Al Sarya Engineering Managing Director Saif Said Al Darai said: “We are honoured to have been awarded a direct Off Plot Mechanical Contract with PDO after having worked as a sub-contractor for pipeline maintenance. This contract award is a major stepping stone towards fulfilling His Majesty’s vision to develop Local Communities which are supported by PDO and the Ministry of Oil & Gas. We are committed to deliver our services on time and meeting PDO’s high safety and quality standards”.

Galfar Engineering & Contracting SAOG Chief Executive Officer Dr Johannes Gustavus Erlings said: “We are delighted to continue our association with PDO by signing the Off Plot Mechanical Contract for the Qarn Alam area. We have extensive experience over several decades in Omani oil and gas production. Through this contract we are able to create value for the country through Omanisation and enhancing In-Country Value”.

Mechanical Works News in Oman >>

Kuwait >>  11/15/2017 - With a double-digit million euro volume, MAN Diesel & Turbo has won an order for nine compressor trains for the state-owned Kuwait Oil Company (KOC). ...
Saudi Arabia >>  11/14/2017 - Last week, the WTI benchmark rose $2 to more than US$57 per barrel — its highest level since mid-2015. While OPEC and other contributing non-OPEC memb...

Oman >>  11/9/2017 - Tethys Oil will be awarded a new exploration license by the Ministry of Oil and Gas of the Sultanate of Oman. Block 49 is an onshore block that covers...
Saudi Arabia >>  11/9/2017 - Saudi Aramco signed agreements with several oil and gas service contractors for oil and gas megaprojects designed to enhance the company’s energy sust...

United Arab Emirates >>  11/2/2017 - ABB AbilityTM Electrical Distribution Control System delivers key data to shape next-generation solar power for the city. ...
United Arab Emirates >>  11/1/2017 - McDermott International, Inc. Announced a letter of award for a significant* contract for the engineering, procurement, construction and installation ...

Related Categories: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 


Oman Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

More News

 

Oil & Gas Companies in Oman >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.