Muscat, The energy and mining labs are being held for the third consecutive week at the Oman Oil and Gas Institute, which is organised by the Ministry of Oil and Gas and the Public Authority for Mining (PAM).

The labs are part of the Sultanate’s plan to promote economic diversification, and will be taking place until the April 26th. The participants are Governmental and private stakeholders, a group of academics, experts and civil society representatives.

During the first week, participants in the labs have developed visions of the challenges facing the two sectors through problem solving discussions. They have also identified existing projects that can be developed and how to maximise their benefits through the strategic direction of labs, in addition to discussing new ideas and projects that will help reaching the true north.

The second week has discussed the classification of projects and initiatives according to their priority, in addition to testing the feasibility of the proposed projects and the ideas presented according to the expected impact and readiness for implementation. Projects and priority initiatives and analysing the main causes of the challenges facing the projects were also reviewed. Moreover, the labs have focused on developing and enabling solutions for the sectors.

During the third week, the labs will work on syndicating and reviewing the proposed projects and solutions according to the views presented. The proposed solutions will be taken into further details through the formulation of the executive program, the development of performance indicators, the budget evaluation of the project and other requirements, such as the necessary enablers and approval.

During the first and second weeks of the labs, two meetings of the supervisory committees of the energy and mining labs were held, in which the preliminary results of the first and second week of the labs were discussed. The first syndication session will be held at the end of the third week, which will include a number of their excellencies and CEOs of each sector.

It is expected that the labs will produce a range of proposals, projects and initiatives to achieve the strategic directions of the two sectors, which will be followed up with all concerned parties through specific performance indicators, a specific timeline and a central control panel to ensure their implementation and finding ways to overcome the challenges.

The Implementation and Follow-up Unit is responsible for providing support to government agencies to implement their plans and programs and follow up with their implementation in accordance with a clear governance system and accurate performance indicators. That is in order to measure performance by collecting and analysing data and information, alongside with monitoring and evaluating key performance indicators in coordination with the concerned parties, as well as finding solutions to the challenges and problems facing them. This happens through following a number of government programs including the “National Program for Enhancing Economic Diversification” and the “Sharaka” program, which was initiated by the Diwan of Royal Court, as well as a number of large strategic projects.

Source: Oman News Agency