(MENAFN) Petroleum Development Oman (PDO) has awarded contracts worth USD350 million to local firms in the past three months, as it seeks to create and secure employment by increasing procurement of local goods and services, Times of Oman reported.
Under the In-Country Value (ICV) investment programme, PDO has inked seven contracts with domestic contractors. The contracts included a Central and North Oman pipeline maintenance, awarded to Al Shawamikh Oil Services, one of PDO's four Super Local Community Contractors (SLCCs), and Al Ghalbi International Engineering and Contracting, one of PDO's Local Community Contractors.
Another contract was a South Oman pipeline maintenance, awarded to SLCC Al Baraka Oilfield Services supported by Amal Petroleum Services as sub-contractor.
PDO also inked a major deal, initially for five years, with Shaleem Petroleum Company to cover hoist service provision in PDO's southern operations.
Another two hoist contracts were awarded to new local companies CPDS and BOOFs who will operate three hoists executing well access and repair operations in North and South Oman.
Contractor ABB Muscat has also been awarded a USD100 million contract for the engineering, procurement and construction of a new condensate processing plant at Saih Nihayda.
PDO also awarded a 10-year contract for the provision of fishing and milling services to Fishing Remedial Experts Enterprise to make fishing and milling tools in Oman within 24 months of the contract award date.
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