Oxy Oman signed three agreements with Omani companies on Monday to strengthen their participation in the energy supply chain. This event took place on the sidelines of the Local Content 2026 conference, which was supported by Engineer Mohsen Hamad Al-Hadrami, the Deputy Minister of Energy and Minerals of Oman.
Details of the Agreements
The agreements include the supply of wellhead equipment and related services, as well as the supply of variable frequency drive units and flanges. The aim of this initiative is to increase opportunities for local suppliers and expand the participation of national companies in operational activities and supply chains related to the energy sector.
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Human Developments and Support for Small and Medium Enterprises
At this event, Oxy Oman reviewed its achievements and initiatives in enhancing local content, developing small and medium enterprises, and developing national competencies. In the area of human resource development, the results of the "Isha" program, which was launched in 2024 to strengthen Omanization and develop national competencies, were presented. This program helped create 89 job opportunities in 2024 and 2025 and also provided 360 additional job opportunities for 2026 to 2028.
In addition, more than 200 participants benefited from specialized training programs, and over 1,100 practical training opportunities were included in the company's contracting strategies. In terms of support for small and medium enterprises, the results of the "Tasharak" program demonstrated support for 17 Omani small and medium enterprises across eight phases.
This ceremony also showcased a specialized project to provide logistical solutions using drones for transporting spare parts, medical supplies, and essential materials to remote operational sites. This innovative model demonstrates the application of modern technologies to enhance field operation efficiency and improve safety and sustainability levels.
Oxy Oman also disclosed its performance indicators, announcing that the share of local content reached 41.5 percent of its total supply chain expenditures by the end of the first half of 2026. Additionally, the share of expenditures allocated to small and medium enterprises was 19 percent, and the company supported the awarding of 57 contracts related to local content.
At the end of the ceremony, the special guest honored several companies, employees, and teams for their outstanding contributions to the development of local content initiatives and the improvement of their operational and strategic outcomes.
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