Muscat, Petroleum Development Oman (PDO)
today held its inaugural In-Country Value (ICV) Awards event to
celebrate businesses and organisations which have gone the extra mile
to support Omani economic development.
The PDO competition covered a range of ICV areas, including small
and medium enterprises (SMEs), Local Community Contractors
(LCCs), vendors and training institutes, and National Objectives which
is focused on the creations of job, training and redeployment
opportunities for Omani jobseekers.
The event was held under the auspices of Salim bin Nasser al-Oufi,
Undersecretary of the Ministry of Oil and Gas, aiming at developing a
competitive and sustainable local supply market for the oil and gas
industry and foster Omani skills.
PDO is currently leading 43 out of the 53 Blueprint Strategy
opportunities, 20 of which have been delivered so far. It has also
identified an additional 66 internal ICV opportunities and has delivered
30 of them.
The event also included an exhibition showcasing 10 facilities
supported by PDO in the area of manufacturing and servicing in the oil
and gas industry. These facilities were presented as examples of the
achievements and impact ICV has had in localising opportunities and
its continuous contribution to the Sultanate’s sustainable development
Raoul Restucci, PDO Managing Director said: This is a truly special
event highlighting the very best of our partners who are supporting our
vision of serving the nation and retaining more of the wealth the oil and
gas industry generates in the Sultanate.
Our ICV achievements would not have been possible without the
co-operation of, and support from, our valued partners and these
awards provide a great opportunity to recognise their efforts.
This year has been a banner year for ICV and we are proud of where
we are today, but our ICV journey is still ongoing. Maintaining the
momentum is key, and we will continue to ramp up our efforts to tap
the full potential of ICV and to continue to proudly serve the Sultanate.
The event also celebrated PDO’s National Objectives programme,
which has secured more than 50,000 employment opportunities for
Omanis since its launch in 2011. Trainees graduating from the
programme have been able to take up full-time positions in both the oil
and gas industry and other sectors of the economy.
Overall, the ICV Awards consisted of six categories, and the winners
are: Rukun Al Yaqeen (RAY) International Skills Development (Best
Training Institute); Consolidated Contractors Co. Oman (Best National
Objectives Employer); Oman Drilling Systems (High-performing SMEs);
Sahwat Haima Co. (High-performing LCCs); Seeh Al Sarya Engineering
(Best Contractor/Vendor in Social Investment Projects); and Petrofac
E and C Oman (Best Contractor/Vendor in ICV Delivery (Against Their ICV
Source: Oman News Agency