reg-icon
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
JSRS

Oil & Gas

Joint Supplier Registration System

National Business Framework

Introduction

National Business framework

Features and Benefits

For Buyer and
Sellers

Business Support Services

e-Auction Bidders

About

BGI

Business Gateways
International

JSRS Video Overview
Country Walkthrough
oman-logo
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

news1
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."

 

news1
Bank Muscat najahi launches PoS receivables financing for small businesses

MUSCAT: Bank Muscat, the flagship financial services provider in the Sultanate, as part of its commitment to encourage entrepreneurial initiatives, has launched a first-of-its-kind point of sale (PoS) receivables financing for micro and small businesses. The specially designed short-term finance is aimed at meeting the working capital requirements of small businesses and maintaining cash flow. The key features of najahi PoS receivables financing include short tenor (ranging from one to six months) with daily instalment repayments. A small amount is automatically deducted daily from customers’ bank account to repay loan. For example, a najahi customer who avails PoS receivable financing of RO 1,000 for six months (180 days) can opt for a daily repayment value as low as RO 5.725.

 

news1
Oman’s finance, leasing firms show continuing growth
Al Maha Research Team — The finance and leasing companies have long existed in Oman and currently form a small yet an important and dynamic segment of the overall financial activity in the country. The non-banking financial companies (NBFCs) have gross lease finance receivables of RO 1 billion focusing on small to medium-scale business enterprises (SMEs) and individuals. The six licensed players namely; Al Omaniya Financial Services, Muscat Finance, National Finance, Oman Orix Leasing, Taageer Finance and United Finance are also listed on the Muscat Securities Market with a combined paid-up capital of RO 156.63 million and total assets worth RO 0.95 billion as of June 2015.
Despite stiff competition from banks, the leasing sector demonstrated healthy growth during the first half of the year.
Source: http://omanobserver.om/
Source: http://omanobserver.om/
Source: http://omanobserver.om/