British backed PDO awards £660million contracts to Omani firms

Petroleum Development Oman (PDO) has awarded two key contracts valued at around RO300 million (£660 million) to Omani businesses for work on its operations in the north of the sultanate.

Off-plot mechanical work will be carried out by local community contractor Seeh Al Sarya Engineering at PDO oilfields at Fahud, Lekhwair and Yibal and by Galfar Engineering & Contracting at Qarn Alam.

PDO accounts for around 70pc of the country's crude oil production and nearly all of its natural gas supply. The Company is partly owned by the British-Dutch multinational Shell Group, which has a 34pc interest.

The contracts will run for four years with options to extend.

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

“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 will mainly be responsible for providing off-plot mechanical work. The contracts will provide around 700 job opportunities for Omanis, who will be trained and developed to international standards.