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Oman National Business Framework
"Petroleum Development Oman (PDO) - Supplier Registration Advisory on JSRS: Click here   |   Oman Ministry of Oil & Gas - Supplier Registration Advisory on JSRS: Click here   |   Oman Oil Refineries and Petroleum Industries Company (ORPIC) - Supplier Registration Advisory on JSRS: Click here   |   Daleel Petroleum LLC - Supplier Registration Advisory on JSRS: Click here   |   BP Exploration (Epsilon) Ltd - JSRS: Click here   |   Oman Liquefied Natural Gas LLC (OLNG) - Supplier Registration Advisory on JSRS: Click here   |   Oman Gas Company (OGC) - Supplier Registration Advisory on JSRS: Click here   |   Occidental of Oman Inc (OXY) - Supplier Registration Advisory on JSRS: Click here
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Oman
From the 17th century, Oman had its own empire, and vied with Portugal and Britain for influence in the Persian Gulf and Indian Ocean. At its peak in the 19th century, Omani influence or control extended across the Strait of Hormuz to Iran, and modern day Pakistan, and as far south as Zanzibar. As its power declined in the 20th century, the sultanate came under heavy influence from the United Kingdom, though Oman was never formally part of the British Empire, or a British protectorate. Oman is an absolute monarchy in which the Sultan of Oman exercises ultimate authority, but its parliament has some legislative and oversight powers.
JSRS (Joint Supplier Registration System) have commenced Validation of Suppliers and is connected with the Operators of Oman's Oil and Gas Industry.
Vale Oman Pelletizing Company LLC has appointed Business Gateways International LLC (BGI) Oman to implement the Supplier Registration and Validation System on its behalf.
Oman Oil Refineries and Petroleum Industries Company insists all vendors to register on the Joint Supplier Registration System

News & Events

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Unified registration system for oil sector contracts

"The goal is to take Omani companies internationally — something we’re looking to pursue through the Ministry of Oil and Gas. Initially, Omani contractors will be able to tap into opportunities in the Qatar oil and gas industry via this platform."
PDO, the country's largest oil and gas operator, says it is working to encourage its vast pool of vendors to register under the JSRS. "We have currently around 3,200 vendors registered with PDO. Of this number, around 800 have registered via the JSRS. Our target is to get all of our vendors to shift to the JSRS by mid-year, said Salim al Harthy of PDO's In-Country Value Department."

 

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$5.6 bn Oman-India energy pipeline plans progressing


Muscat: Initial development of a deep-water pipeline carrying natural gas and potentially even crude oil and other petroleum products from Oman to India could begin as early as before the end of this year, according to the lead promoter of the multi-billion dollar venture.
Dr Ajay Kumar, Chairman & Managing Director of India-based Fox Petroleum Group, which is spearheading the proposed scheme, said all of the critical elements encompassing the planning, technology, engineering design, pipeline supply, execution, and financing aspects of the ambitious development have been worked out in anticipation of an early commencement of the implementation phase.

 

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Merger of Ominvest-ONIC would create robust holding firm: GBCM


Muscat: The merger of Oman International Development and Investment Co (Ominvest) and Oman National Investment Corporation (ONIC) Holding, the first between two prominent investment holding companies in Oman, would create one of the biggest investment conglomerates with investments spread across diversified business sectors including banking, leasing, insurance and industrials, according to Gulf Baader Capital Markets (GBCM).
"We believe that the combined entity would be in a strong position to achieve several economies of scale in their respective operating business segments and create value for the shareholders over the medium- to long-term perspective.
Source: http://omanobserver.om/
Source: http://omanobserver.om/
Source: http://www.muscatdaily.com/