ICV Overview & Pillars

ICV is defined as the total spend retained in country that benefits business development, contributes to human capability development and stimulates productivity in Oman’s economy. The ICV strategy became firmly embedded in PDO’s business philosophy in 2011.

PDO aims to share the benefits of the oil and gas industry across Oman through its In-Country Value (ICV) strategy. The strategy is committed to maximising the procurement of local goods and services as well​ as improving the capacity and capability of Omani people and companies in order to secure sustainable commercial benefits for the Sultanate.

PDO's ICV is based on 4 main pillars as below:​​​