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.
”Ministry of Oil & Gas announces 15th February 2015 as the Cut – Off date for Suppliers to be registered on JSRS.
All Suppliers are advised to expedite their registration and approval process.”
”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
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.
Multinationals See Oman As Investment Destination: Survey
Muscat - A recent EMIR Boardroom briefing brought together over 120 senior executives from some of the world’s largest multinational companies for a private meeting with a high-profile Omani delegation led by Dr Salem al Ismaily, chairman of Ithraa, the investment and export promotion arm of the Omani government.
The purpose of the briefing, which was hosted at Burj al Arab in Dubai, was to create an environment where CEOs and senior public sector officials could candidly discuss Oman’s business climate and investment opportunities.
National Aluminium Plans RO7mn Capacity Expansion
Muscat - National Aluminium Products Co (Napco) is planning a RO7mn capacity expansion to substantially increase volumes and increase market share.
The company will install two additional extrusions presses in a phased manner this year and also set up a power coating plant. The company board has approved the capacity expansion in line with its business strategy.
The estimated cost of the expansion will be approximately RO7mn, including related civil construction.
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