Occidental Oman (Oxy Oman) has signed three agreements with Omani companies to expand local supplier participation in the energy sector, strengthening opportunities for national businesses and supporting the development of domestic supply chains.
The agreements, signed on the sidelines of the company's 2026 Local Content event, cover the provision of wellhead equipment and related services, variable frequency drive units and flanges, reported Oman News Agency.
The event was held under the auspices of Mohsin Al Hadhrami,
Undersecretary of the Ministry of Energy and Minerals.
During the event, Oxy
Oman highlighted its achievements in local content development, support for
small and medium enterprises (SMEs), and the development of national talent,
outlining initiatives aimed at increasing the participation of Omani businesses
and professionals in the energy industry.
The company reported that local content accounted for 41.5% of its total supply chain expenditure by the end of the second quarter of 2026, while spending directed towards SMEs reached 19%.
It also supported the awarding of 57 contracts linked to local content,
covering supplier development initiatives and opportunities for direct local
manufacturing.
A key focus was the company's Ishaam programme, launched in 2024 to strengthen Omanisation and develop national competencies.
The initiative generated 89 employment
opportunities during 2024 and 2025, with a further 360 job opportunities
secured for the 2026–2028 period.
More than 200
participants have benefited from specialised training programmes, while over
1,100 practical training opportunities have been incorporated into the
company's contract strategies.
Oxy Oman also presented the results of its Tasharuk programme, which supports the growth and development of Omani SMEs.
Across eight phases, the programme has
supported 17 local businesses employing approximately 450 people, with an
Omanisation rate of 70%. More than 160 participants have also received training
in technical and personal skills.
The event further showcased an innovative logistics project using drones to transport spare parts, medical supplies and essential materials to remote operational sites.
The initiative demonstrates the potential of emerging technologies to improve
operational efficiency, enhance safety and support more sustainable field
operations.
Speaking at the event,
Al Hadhrami said empowering national talent and supporting SMEs remain among
the government's key priorities. He noted that progress in local content
development demonstrates the ability of national programmes to strengthen Omani
businesses and enable them to become active partners in delivering advanced
technical solutions.
He added that such
initiatives play an important role in equipping young Omanis with future-ready
skills, improving supply chain efficiency and strengthening sustainability
across the energy sector.
Al Hadhrami also
stressed the importance of continued investment in national capabilities and
expanding opportunities for SMEs to increase local added value and contribute
to sustainable economic development.
Steven Lauver,
President and General Manager of Oxy Oman, said local content remains a
fundamental pillar of the company's strategy to generate long-term sustainable
value in Oman.
He highlighted the
company's commitment to working closely with government entities and local
partners to create lasting economic opportunities, develop national
capabilities and strengthen the competitiveness of the Omani economy in line
with Oman Vision 2040.
The event concluded
with the recognition of companies, employees and work teams for their
contributions to advancing local content initiatives and improving operational
and strategic performance.
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