15 Omani companies were recognised for
their contribution to delivering gas to Oman through the Khazzan
development at an In Country Value (ICV) networking event held at BP
Oman’s Muscat headquarters today.
The companies were awarded contracts by BP Oman with a total
value of RO 66 million ($170 million) during the second half of 2017.
The total In Country Value contribution of BP Oman’s third party spend
in 2017 was over 40% by value, compared to 35% in 2016.
The networking and recognition event gave the Omani companies the
chance to meet and talk with one another, as well as hearing about the
ongoing progress of the Khazzan development.
The range of services provided by these contractors is broad and
reflects the growing strength and capability of small and medium-sized
Omani businesses servicing the energy sector. The main areas for
awarded contracts were well pad construction, well sites and road
maintenance and civil works, which together accounted for around 80%
of the value awarded. However other sectors were well-represented
ranging from occupational health to fire and rescue services, vehicle
leasing to lubricants and drill bits.
Building In Country Value into BP Oman’s supply chain is a key
commitment for the company. To facilitate this, a Vendor Development
Plan was rolled out in 2017 to help identify and develop Omani
businesses to international standards. BP Oman has also
implemented use of the Joint Supplier Registration System (JSRS) to
improve and enhance the participation of local suppliers in the
tendering and selection process. This has resulted in 65 local
community contractors being accepted onto the system. BP Oman has
also ring-fenced seven scopes of work for Omani companies, including
radioactive tracer material and water well drilling.
According to Khalid al-Kindi, BP Oman’s Deputy General Manager
and In Country Value Manager: BP Oman is fully committed to
growing our provision of In Country Value to Oman and the range of
contracts awarded to Omani businesses over the last year is testament
to that commitment. As is our Vendor Development Programme, where
we have been able to award our first two-year contract to an Omani
company � the first of what we hope will be many successes in helping
to develop Omani companies to competitive, high-class standards. We
are delighted to be making such significant contributions to building
Source: Oman News Agency