MUSCAT– Omani oilfield services firm Gulf Energy SAOC opened on Sunday its first cementing casing accessories manufacturing facility in the Sultanate to support Petroleum Development Omans (PDO) operations and other customers in Oman and the GCC region. The main objective of this investment is to boost the Omani economy by creating more jobs and training opportunities, saving costs and enabling custom-made solutions and adequate lead-time delivery of goods and services.
Complementing PDOs In-Country Value strategy, the centre, located in Nizwa, will support PDOs operations by locally manufacturing cementing casing accessories and associated services including centralisers, stop collars and floats equipment. Established in an area of over 9,600 square metres, the complex has over 1,400 m2 allocated for workshops. Underlining Gulf Energys commitment to promote localisation, the $2.4 million facility achieves about 92 per cent Omanisation by creating 24 jobs for Omanis so far.
PDO Well Engineering Contracts Manager Salman al Maimani said: In addition to supporting existing projects of Gulf Energy with PDO, this new facility in Nizwa can also support other customers in the country and wider region, underscoring the added value Gulf Energy is bringing to the oil and gas supply chain in Oman.