Oman National Business Framework
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"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.   |   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.
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

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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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Sharakah sets record with OMR814,000 in funding small units

MUSCAT: Fund for Development of Youth Projects, also known as Sharakah, has exceeded the target investment in small and medium enterprises (SMEs), reaching an all-time-high of OMR814,000, said officials from the company.
This was revealed at Sharakah's annual general meeting (AGM) for the financial year ended December 2014, which was held on Monday.
Said Salim Al Sahib, vice-chairman of the board of directors, presided over the meeting which was attended by the directors, shareholders and officials from the concerned authorities.
Reviewing Sharakah's achievements in 2014, Al Sahib said that the performance of the projects supported by Sharakah shows signs of positive growth.

 

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Al Raffd Fund Mobile Branch feulling SME growth
MUSCAT: The Mobile Branch of Al Raffd Fund, launched in June 2014 for rendering services and information related to startup ventures is starting to show signs of progress, and is determined to continue to extend a helping hand to aspiring entrepreneurs in coming years.
Aspiring Omani entrepreneurs with start-up ventures or just vague idea of self-employment are receiving extensive support, training, mentorship and finance from Al Raffd Fund. Additional support and networking opportunities are provided in later stages.
According to Al Raffd Fund, the Mobile Branch is reaching out to the areas that are far away from the Ghala-based Headquarters of Al Raffd Fund and Public Authority for the Development of SMEs (PADSME, also Riyada).
Source: http://omanobserver.om/

Source: http://www.timesofoman.com/
Date: 26-Mar-2015
Source: http://omanobserver.om/
Date: 26-Mar-2015