Occidental Oman awards support agreements to four SMEs

June 09, 2019

With the aim of supporting and promoting entrepreneurship and Small and Medium Enterprises (SMEs) as one of the core elements of Occidental Oman in-country value (ICV) strategy, four SMEs were awarded support agreements as part of phase 4 of Occidental Oman’s SME Development Program. 

The Phase 4 of the programme was launched in 2018, inviting Omani SMEs to apply under a set of criteria. After detailed assessment, four SMEs were awarded support agreements: Desert Sand Oil and Gas, Oman Drilling Systems, Marjan Petroleum and United Petroleum Industries.

The signing ceremony was held under the patronage of H E Eng Salim bin Nasser al Aufi, Undersecretary of Ministry of Oil and Gas. The support agreements were signed by Stephen Kelly, president and general manager of Occidental Oman, and representatives of the four companies: Ali al Wahaeibi, chairman, Desert Sand Oil & Gas; Munir al Balushi, CEO of Oman Drilling Systems; Rashid al Masfry, CEO of Marjan Petroleum and Abdulbaqi al Kindi, general manager of United Petroleum Industries.