Newsletter-March-2025

Welcome to the JSRS – March 2025 Newsletter!

Read on to explore what’s happening this month!

Discover the top stories from various sectors, expert insights, procurement updates, and JSRS enhancements. Stay ahead with the latest on In-Country Value (ICV) and upcoming events.

As the month of Eid came to a close, we hope it brought peace, happiness, and prosperity.

JSRS Expands – Meet Our Newest Members!

The Joint Supplier Registration System (JSRS) continues to strengthen its role as a National Procurement Initiative in Oman, serving as a key sourcing hub for the Oil & Gas sector and other major industries. With new companies joining each month, we are excited to introduce the latest entrants to the JSRS platform.

JSRS Certified Supplier Network (JSRS CSN)

In March 2025, we welcomed 24+ new Certified Suppliers to the JSRS Certified Suppliers Network (JSRS CSN) from Oman and across the globe. We extend our congratulations to these companies for joining the trusted network of JSRS-certified businesses.

Connect, collaborate, and grow with JSRS CSN!

Buyers Community

The JSRS Buyers Community is an elite network of Oil & Gas Operators, EPCs, Contractors, and Industry Buyers across Oman. With 25+ leading Buyers and Operators, JSRS streamlines procurement and supplier engagement. Explore the JSRS Buyers Community

Local Community Contractors

The ‘Local Community Contractor’ (LCC) Special Status helps eligible companies gain priority procurement opportunities with leading Operators like PDO, CCED, and OXY. LCC-certified companies are highlighted on the JSRS Certificate, giving them an edge in tenders.

Why Apply for LCC Status?

Recognition from top Oil & Gas Operators
Exclusive bidding opportunities
Streamlined tendering through JSRS

Enabling SMEs & LCCs through ICV-Based Contracts

The JSRS Contracts Management System (JSRS-CMS), developed by the Oman Ministry of Energy and Minerals, provides a fair and structured approach for SMEs and LCCs to access ICV-based Obligation Contracts. As an all-in-one digital platform, JSRS-CMS integrates:

Supplier Sourcing: Connecting businesses with potential buyers.
Bid Management: Streamlining responses to contract opportunities
Contract Awards: Ensuring a transparent selection process
Project Supply Chain Tracking : Enhancing visibility and efficiency

This initiative reinforces In-Country Value (ICV) development, empowering local businesses and strengthening Oman’s economy.

Read More about JSRS-CMS

JSRS Buyers Community Highlights

Oman Signs 10-Year LNG Supply Deal with Switzerland’s Mercuria

Oman has entered into a 10-year liquefied natural gas (LNG) supply agreement with Switzerland-based Mercuria. This deal strengthens Oman’s position as a key LNG exporter while securing long-term energy supplies for Mercuria. The agreement aligns with Oman’s strategy to enhance its global energy partnerships and ensure stable revenue from LNG exports Read More

BP Increases Oil & Gas Spending by $10 Billion to Rebuild Confidence

BP has announced an increase of $10 billion in oil and gas spending as part of its efforts to restore investor confidence. The move signals a strategic shift under CEO Murray Auchincloss, focusing on boosting production and optimizing energy assets. This investment aims to balance BP’s traditional energy portfolio with its long-term transition plans. Read More

Oman Business Happenings

Current Projects on the Market

Browse through the various upcoming projects and tenders that are being floated by

JSRS Buyers Community, EPCs and Contractors.

Explore News Snippets

Past Events

February 27th : BGI Day: Celebrating Commitment and Achievements

Our BGI Oman team gathered at Wadi Dayqah Dam for a memorable event, honoring employees who have been part of the BGI family for over ten years. The day was filled with appreciation, team spirit, and heartfelt gratitude for the dedication and hard work that drive our success.

February 27th : BGI Day: Celebrating Commitment and Achievements

At INDIASOFT 2025, businessgateways had the privilege of hosting distinguished delegates from Oman, fostering valuable connections and collaborations. The event provided a platform for engaging discussions with industry leaders and government officials, strengthening business ties between Oman and India.

Omani Delegates who visited:

Sultan Said Juma – Masar Petroleum
Sultan Said Juma> – BGI
Omar Abdullah Ali – Arabian Industries Projects LLC
Abdul Rahman Ahmed Abdullah – Special Technical Services (STS)

Their presence enriched the event, paving the way for future opportunities and partnerships.

Oman’s RABT Platform – Successfully launched on March 20, 2025

The Public Establishment for Industrial Estates (Madayn) launched the highly anticipated “RABT” platform on March 20, 2025 marking a major step forward in the integration of Oman’s industrial and economic sectors. The platform was launched in strategic partnership with the General Secretariat of the Tender Board, under the esteemed patronage of His Excellency Eng. Salim bin Nasser Al Aufi, Minister of Energy and Minerals.

The RABT Platform was launched to with a vision to support Oman’s economic growth by facilitating local content & investment. The launch marked a significant step towards strengthening the partnership between local industries and the government.

RABT is jointly implemented by the Industrial Innovation Academy (IIA) and Business Gateways International (BGI).

March 20th : Strengthening Ties with EEPC India and the Oman Embassy

businessgateways facilitated a strategic meeting in Delhi, bringing together key representatives from EEPC India, the Oman Embassy, and industry leaders. The discussion focused on fostering collaboration and supporting companies with JSRS registration.

Notable attendees included:

Mr. Abdul Jalil Algimi – Business Gateways
Mr. Abdul Jalil Algimi> – Regional Director, EEPC India (NR)
Mr. Abdul Jalil Algimi> – STS Oman
Mr. Abdul Jalil Algimi> – Masar Petroleum
Mr. Abdul Jalil Algimi> – Arabian Industries
Mr. Abdul Jalil Algimi> – Business Gateways

The meeting was highly productive, with EEPC India’s leadership expressing strong interest in enhancing cooperation and supporting Omani companies in their business endeavors.

Successful Forward eAuction for RAY International Oil & Gas

bidproc is proud to facilitate yet another successful Forward eAuction for RAY International Oil & Gas, reinforcing our commitment to streamlining procurement processes and enhancing efficiency.

We extend our gratitude to RAY International Oil & Gas and all the bidders for their participation and collaboration.

Click here to know more

Upcoming Auction on bidproc

Al Jazeera Steel Products Co SAOG Announces Public Auctions about Road Transport Rate Identification reverse auctions on bidproc platform.

Click here to know more

Upcoming Events @ businessgateways

Here’s a look at what we have planned for the coming month

Join Our Exclusive JSRS Platform Webinar

Discover how the JSRS Platform can enhance your business opportunities in Oman. This interactive session will provide valuable insights into procurement, contracts management, and the platform’s key features.

Why Attend?

1. Explore JSRS Features – Understand how the platform works.

2. Contracts & Procurement Insights – Discover new business opportunities.

3. JSRS Support & Guidance – Optimize your experience.

4. Q&A with Experts – Get your questions answered live.

16 April 2025

11 AM (OST)

Attend Webinar

Webinars on the JSRS Platform

We are pleased to announce the upcoming Webinar on the JSRS Platform, designed to help you explore its advanced features and better utilize its functionalities for your business operations.

Attend the Webinar Sessions to:

1. Learn more about the upgraded JSRS Platform

2. Explore what’s new

3. System Demonstration

4. JSRS Support

5. Q&A

8 April 2025

10 AM (OST)

Attend Webinar

22 April 2025

10 AM (OST)

Attend Webinar

Business Gateways International (BGI) invites you to participate, engage and explore partnership opportunities at the following exclusive events hosted by our partners.

Meet our Champions at businessgateways

In this section, we are bringing our staff to the spotlight, highlighting their roles and how they have helped in bringing businessgateways to where it stands today. This month we would like to introduce you to:

Abdul Jaleel

Team Lead – Certification

www.businessgateways.com

Abdul Jaleel Team Lead – Certification, is a dedicated and highly skilled professional in the Certification team a businessgateways

With a strong ability to take on challenges, Abdul Jaleel excels in managing his team independently, ensuring smooth and efficient operations. His expertise and leadership play a crucial role in driving the Certification processes forward. Known for his problem-solving skills and commitment to excellence, Abdul Jaleel is a valuable asset to both his team and our stakeholders.

We appreciate Abdul Jaleel for his dedication and contributions in delivering a seamless experience. Kudos to Abdul Jaleel, our businessgateways Champion!

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