PDO awards deals worth $780m to local contractors
Seeh Al Sarya Engineering and Galfar Engineering and Contracting will mainly be responsible for providing off-plot mechanical work
Petroleum Development Oman (PDO) has awarded two contracts worth $780m (OMR300m) for work in the north of its operations in the Sultanate.
Under the terms of the deals, off-plot mechanical work will be carried out by local contractor, Seeh Al Sarya Engineering at PDO oil fields at Fahud, Lekhwair, and Yibal, and by Galfar Engineering and Contracting at Qarn Alam.
The contracts, which were signed at PDO’s Mina Al Fahal headquarters in Muscat, will run for four years with options to extend into the future, Oman News Agency reported.
Raoul Restucci, PDO‘s managing director, said, “We are committed supporters of building local companies which are capable of competing locally, regionally, and internationally.”
Seeh Al Sarya Engineering and Galfar Engineering and Contracting will mainly be responsible for providing off-plot mechanical work.
Working with PDO’s National Objectives programme, both contracts will provide around 700 job opportunities for Omanis, who will be trained and developed to international standards.
They will also provide business opportunities to local community contractors and small and medium entrepreneurs via or beyond the minimum ring fence scope of the contracts.
Seeh Al Sarya Engineering’s managing director, Saif Said al-Darai, said: “We are honoured to have been awarded a direct off plot mechanical contract with PDO after having worked as a sub-contractor for pipeline maintenance.”
Dr Johannes Gustavus Erlings, chief executive officer of Galfar Engineering and Contracting, said: “We are delighted to continue our association with PDO by signing the off plot mechanical contract for the Qarn Alam area.
“We have extensive experience over several decades in Omani oil and gas production. Through this contract, we are able to create value for the country through Omanisation and enhancing in-country value.”