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

and economy.

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