Gulf Oil and Gas accountACCOUNT

PDO and Oman LNG Sign Collaboration Deal

Source: www.gulfoilandgas.com 8/13/2017, Location: Middle East

Petroleum Development Oman (PDO) and Oman Liquefied National Gas (Oman LNG) have signed a three-year partnership agreement to enhance technical and commercial co-operation.

The collaboration is a consolidation of efforts in relation to staff development and capacity building, where both companies will share knowledge and exchange expertise in various disciplines across the oil and gas industry.

It will underpin both companies’ aim to strengthen co-operation in areas such as In-Country Value to retain more of the oil and gas industry’s wealth in Oman, engineering services, market intelligence, technical assurance, capital projects, cost engineering, health, safety and environment (HSE), contracts and procurement, and Lean business efficiency.

The technical service level agreement was signed today (13 August) by PDO Managing Director Raoul Restucci and Oman LNG Chief Executive Officer Harib Al Kitani at PDO Knowledge World.

Mr Restucci said: “PDO is committed to collaborating with partners both in the Sultanate and beyond in areas of mutual interest which will contribute to the sustainable development of Oman’s economy.

“This agreement builds on the existing strong relationship we have with Oman LNG and will further enhance the performance of both companies through sharing expertise and best practice.

“We are both fully committed to creating value for Oman and fostering staff development and this new accord will enable a more seamless working relationship.”

Mr Al Kitani said: “We continue to press forward to enhance skillsets in the oil and gas industry through staff development and progression. Our collaboration with industry partners enables staff to reach their full potential which builds a strong foundation to deliver In-Country Value and simultaneously enhances the business at large. “We welcome more collaboration on similar activities with PDO and other industry partners.”

The joint agreement will provide secondment opportunities for both companies’ staff to bolster their technical and commercial skills, and pave the way for the exchange of information on the national and international oil and gas markets and the sharing of lessons from areas of challenge.

Investment News in Oman >>

Egypt >>  1/16/2019 - Major Italian oil company Eni has had overall investments of $13 billion in Egypt since 2015, the CEO of the company Claudio Descalzi told Egypt’s Pre...
Norway >>  1/7/2019 - The Norwegian authorities have approved the application for start-up of theOda field in the North Sea. Operator Spirit Energy expects start-up in Febr...

India >>  1/2/2019 - Iran will invest about 15 billion rupees to expand a refinery run by Chennai Petroleum Corp. in south India, the company’s managing director said, ami...
Saudi Arabia >>  12/27/2018 - In March 2018, Saudi Aramco participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two co...

Russia >>  12/25/2018 - The Gazprom Board of Directors took note of the information about the Company’s preliminary operating results for 2018 and the projected investment pr...
Canada >>  12/20/2018 - Africa Oil Corp. is pleased to announce that it has made further investments of US$20.5 million in Impact Oil and Gas Limited ("Impact"), a private UK...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Oman Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |

More News

Related Links

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