Message from Management

H.E DR. Mohammed Bin Hamad Al-Rumhy

Minister of Energy and Minerals

"In-Country Value (ICV) is a top priority as it plays a vital role in the energy sector and contributes to Oman’s economy. Other sectors within Oman are also sailing in the same direction to embed ICV in their business models. Our dedicated efforts are aligned with Oman 2040 Vision to empower Omanis, build national capabilities and partner with small and medium enterprises (SMEs) to be competitive locally and internationally. Indeed, we need to build collaborations with public and private sectors and devote sufficient resources and manpower to transform the economic prospects of Omanis and their local businesses.​​​​"

H.E Eng. Salim bin Nasser Al Aufi

Undersecretary- Ministry of Energy and Minerals

"ICV is all about retaining more of the industry’s expenditure in-country so it can benefit business development, contribute to human capability building and stimulate productivity in the Omani economy. There are potential opportunities for Omani businesses to deliver in the oil and gas industry and beyond through diversified projects. We strive to collaborate with all oil and gas operators to enhance market capability and identify new business opportunities to ensure that long- and short-term goals are met with sustainable commercial benefits in Oman."

Mr. Steve Phimister

PDO Managing Director

"PDO has long been a leader in In-Country Value, creating job opportunities, maximising spend with local companies as manufacturers or service providers, and developing local businesses into local community companies and small and medium enterprises (SMEs). Much effort has been dedicated to collaborating with key stakeholders to stimulate Oman’s economy and retain value in-country, mainly through the identification and utilisation of potential local opportunities for goods, services and capability building."