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Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. We deliver the majority of the country's crude oil production and natural gas supply, but above all we focus on delivering excellence, growth and sustainable value creation within and well beyond our industry.
Oman's Ministry of Energy and Minerals (previously known as Ministry of Oil and Gas) is the regulator and policymaker of the country's petroleum and mineral resources as per a Royal Decree in August 18, 2020. It absorbed the Public Authority for Mining on the same date.
Saudi Aramco is the world’s largest integrated oil and gas company, and one of the world’s most valuable companies. Our upstream operations are based in Saudi Arabia and we also operate a growing global downstream business. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. Our vision is to be the world’s preeminent integrated energy and chemicals company, operating in a safe, sustainable, and reliable manner. We strive to provide our shareholders with resilient value creation through crude oil price cycles by maintaining our preeminence in oil and gas production, creating opportunities across the hydrocarbon value chain, and profitably growing our portfolio.
OPAL started as a concept in 1998, whereby like-minded companies embarked on a vision to promote industry standards. OPAL is the first Society in Oman to be given approval and registered in the Sultanate. On the 27th of October 2001, OPAL was officially approved under the regulations governing the formation of societies with the Ministry of Social Development as a non-profit organization. With more than 400 members, made up of Oil & Gas companies, including Oil & Gas Producers & Operators, Contractors and Suppliers – large and small, OPAL has become the Voice of the Industry.
OQ brings together the legacy of nine business units combining a diverse set of expertise and talents. Merging agility, innovation and technology, we develop game-changing specialty solutions for consumers across the entire energy value chain. Our integrated company serves as a catalyst to optimise solutions for our partners and clients. We provide solutions across the hydrocarbon sector's value chain from upstream to midstream and downstream applications. From upstream, downstream, retail and marketing, our diverse and distributed teams share a common drive to provide excellence in all facets of the petrochemicals industry. Sustainability is a major pillar of our operational philosophy as we solidify our position as a leading local and global energy company.
Ma’aden is among the fastest growing mining and metals companies in the world. Measured as the leader of the mining industry in Saudi Arabia and the largest multi-commodity mining company in the Middle East. We are building added value minerals-based industries for gold, aluminium, phosphate, copper and other mineral resources and are vigorously pursuing a strategy of growth, both within Saudi Arabia and globally.
Established in 2011, Sadara is a joint venture developed by Saudi Aramco and The Dow Chemical Company. Sadara is a multi-billion-dollar world-scale chemical complex in Jubail Industrial City II in Saudi Arabia’s Eastern Province. Comprised of 26 world-scale manufacturing units, the Sadara chemical complex is the world’s largest to be built in a single phase producing more than 3 million tons of plastics and chemicals annually and is the only chemical company in the Middle East to use refinery liquids, such as naphtha, as feedstock. By using best-in-class technologies to crack refinery liquid feedstock, Sadara will enable many industries that either currently do not exist in Saudi Arabia or only exist through imports of raw materials.
Asyad Group is Oman’s global integrated logistics service provider. As a USD 4 billion enterprise and backed by an initial USD 20 billion in government infrastructure spending, Asyad is attracting customers keen to leverage the country’s integrated logistics facilities and establish manufacturing. The Group offers integrated services and logistics solutions to meet market needs and support Oman’s economy. The Group is comprised of three deep ports, two free zones and an economic zone supported by Oman’s five airports, and a world-class road network. In addition, Asyad operates full maritime services with one of the largest dry-dock in the middle east and a diversified fleet of 60 vessels, supported by sea transport network that connects Oman to key ports across the region and the globe. This allows optimal use of its diverse and powerful support assets, including its renowned Asyad Express service that spans from the 3,000m2 world-class fulfilment center to the last mile delivery, serving finance, e-commerce, manufacturing, and other businesses.
Oxy Oman is a wholly owned subsidiary of Occidental (Oxy), an international oil and gas exploration and production company. Oxy has been producing in Oman for over 30 years, where it has steadily increased production and reserves and is honored to partner with the Government of Oman. Today, Oxy is the largest independent oil producer operating in the country, covering more than 6 million gross acres. Oxy’s major operations are located in northern Oman, primarily in Safah and Wadi Latham Fields in Block 9, Khamilah Field in Block 27, and in Block 62, where we operate the Muradi Huraymah gas plant, and in south-central Oman in Block 53 at Mukhaizna Field, the largest producing oil field in the country. Oxy is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high standards of social responsibility throughout its worldwide operations.
Shell has been a partner in Oman’s development and progress over the last several decades. We have been providing pioneering technologies and expertise in the energy industry and creating value for the community. Shell is active in Oman across the oil and gas industry and is involved in joint venture and independent activities ranging from research and development, exploration and production to trading, retail and new energies. Shell also implements an extensive social investment programme that contributes to the sustainable development of the country. Shell holds interests in Petroleum Development Oman (34%), Oman LNG (30%) and Shell Oman Marketing Company (49%). Together they represent a substantial part of Oman’s economic growth.
The Bahrain National Gas Company (Banagas) is 75% owned by nogaholding, 12.5% by Chevron Bahrain and 12.5% by Boubyan Petrochemical Company. The primary objective of the Company is processing Bahrain field associated gas into marketable products, propane, butane and naphtha, which are exported worldwide and also supplying residue gas for local industrial use. The Bahrain National Gas Expansion Company W.L.L. was incorporated in 2008 when the Banagas Expansion Project was converted into an independent company, wholly owned by nogaholding. The company was established to meet the growing associated gas production in line with strategies to enhance oil production from the Bahrain field. In January 2016 the Bahrain National Gas Expansion Company W.L.L. and J.G.C. Corporation of Japan signed an Engineering, Procurement and Construction (EPC) contract agreement to construct a new Gas Processing Plant (CGP-III) of 350 MMSCFD capacity in the Bahrain Oil Field. In the same year an EMC contract was signed with J.G.C. Gulf International Co. Ltd. To construct the Field Pipelines and Sitra Storage Expansion Project. The Plant and Storage facilities were commissioned on November 2018.
BP has a long history of oil and gas exploration and production in the Middle East. It is a major investor in Oman and one of the world’s pioneers in tight gas production, bringing technology and experience to develop one of the Middle East’s largest unconventional gas resources in the Sultanate’s Block 61.
Production from phase one of Block 61, Khazzan, started in 2017. In October 2020, production from phase two, Ghazeer, started safely, with capital discipline and significantly ahead of schedule. In January 2019, bp and ENI signed an EPSA agreement with the government to work jointly towards an exploration opportunity in Block 77. bp trading & shipping purchases LNG from Oman LNG under a seven-year deal that started in 2018.
Petrofac designs, builds, operates and maintains our client’s energy facilities to provide assured and ultra-efficient delivery outcomes around the world. With four decades of experience, we always bring the right energy to enable our clients to meet the world’s evolving energy needs.
We provide services on and offshore, upstream and downstream and have delivered more than 200 major and mega projects in some of the world’s most challenging locations.
Petrofac has a long and successful track record of safe and reliable execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. Our experienced teams take an ultra-efficient approach to supporting ongoing operations and effectively maintain the assets we design and build. Our training and competence solutions support safe, skilled and competent workforces globally.
CC Energy Development S.A.L. (CCED) is an independent value-driven company delivering long-term growth to Oman’s hydrocarbon sector. Adopting a ‘Think Global and Act Local’ mindset, we have grown our operations organically over the last 11 years producing more than 100 million barrels of oil to date. Champions of knowledge transfer for a sustainable hydrocarbon value chain, CCED and its partners continue to invest more than USD 250 million annually in exploration, appraisal and production activities to sustain and grow output. Thanks to our successful exploration strategy our current production sits at around 40,000 bbl/day, with plans underway to increase production.
Nama Group (NG) was established based on the Royal Decree No. 78/2004 of restructuring the electricity and related water sector in 2004 and commenced its commercial operations on 1 May 2005. NG’s operations are spread across generation, procurement, transmission, distribution and supply of electricity and related water services in the Sultanate.
The Group consists of 12 joint stock companies and 2 limited liability companies registered in the Sultanate of Oman, including: Nama Holding (NH), Al Ghubrah Power and Desalination Company (GPDC), Wadj Al Jizzi Power Company (WJPC), Oman Power and Water Procurement Company (OPWP), Oman Electricity Transmission Company (OETC), Muscat Electricity Distribution Company (MEDC), Mazoon Electricity Company (MZEC), Majan Electricity Company (MJEC), Rural Areas Electricity Company (Tanweer), Dhofar Integrated Services Company (DISC), Oman Water and Wastewater Company (OWWC), Numo Institute for Competency Development (NICD), and Nama Shared Services Company (NSS).
Daleel Petroleum LLC is one of the leading oil producing company in the Sultanate of Oman. It is a joint venture registered in Oman between Mezoon Petrogas SAOC (Subsidiary of MB Holding and Mezoon Petrogas BVI (Subsidiary of China National Petroleum Corporation). The company was formed during the second half of 2002.
Daleel Petroleum LLC is involved in exploration; appraisal and production of hydrocarbon reserves located onshore Oman approximately 450 km North West of Muscat. Daleel Petroleum LLC aims to maximise the development of oil and gas reserves in a responsible and cost effective manner for the social and economic benefit of the people of Oman, the shareholders and employees of the company.
Oman Liquefied Natural Gas LLC (Oman LNG) is a joint venture established by a Royal Decree in 1994 and operates under the laws of the Sultanate of Oman. The joint venture has a shareholding structure comprising the Government of Oman (51%), Shell Gas B.V (30%), Total S.A. (5.54%), Korea LNG (5%), Mitsubishi Corporation (2.77%), Mitsui & Co. (2.77%), Partex (Oman) Corporation 2%, and Itochu (0.92%).
The Company engages in the business of producing and selling Liquefied Natural Gas (LNG) and its by-product, Natural Gas Liquids (NGLs).
Oman LNG undertakes, directly or indirectly, project operations and related activities essential to liquefy, store, transport and market Oman's natural gas and to deliver LNG to customers. The Company's activities contribute to the Government of Oman's objectives of diversifying the economy.
Gulf Energy SAOC, established in 2006, is one of the leading integrated oilfield services providers in the Sultanate of Oman. Gulf Energy SAOC is also the first Omani company to list on NASDAQ under the auspices of NESR Corp. The company provides innovative oil & gas field services and solutions in the MENA region and has 4 API approved facilities that are fully equipped with the latest technologies. Gulf energy provides a wide range of services including performance drilling & evaluation services, drilling technology solutions, drilling and completion fluids technology & services, fishing & remedial services, well intervention services, production & completion services, Artificial lift Services and work-over services. Gulf Energy combine the experience of personnel, first class equipment with cutting edge technology and a strong emphasis on innovation, reliability, quality, integrity and customer services. This orientation to customer needs and expectations is our mean to position Gulf Energy as one of the most dynamic and fastest growing innovative solution provider in the Energy industry in the Middle East and North Africa (MENA) region
In December 2009, Tatweer Petroleum assumed responsibility for the stewardship and revitalization of the Bahrain Field and the execution of all activities related to the petroleum operations pursuant to the terms and conditions of the Development and Production Sharing Agreement (DPSA). The DPSA, dated 26 April 2009, was entered into between the National Oil and Gas Authority (NOGA) and Occidental, Mubadala, and nogaholding. As of July 2016, the Company is wholly owned by nogaholding, the oil and gas business and investment arm of the Kingdom of Bahrain. Tatweer Petroleum is now responsible for all upstream operations in the Kingdom, including oil and gas exploration, development, and production activities, in addition to gas distribution and sales. The Company’s primary goal is to increase the production of oil and the availability of gas to meet the future energy demands of the Kingdom of Bahrain, in line with the nation’s Economic Vision 2030. Tatweer Petroleum utilizes the latest oil exploration, production, and recovery technologies whilst upholding its commitment to the highest standards of health, safety, and environmental protection, and the development of Bahraini nationals, supporting the Company’s contribution to energizing the Kingdom’s economic growth and social prosperity while maximizing stakeholder value.
Founded in 2004 as the Sultanate of Oman’s first Greenfield aluminium smelter, Sohar Aluminium Company LLC is a landmark industrial development project and key contributor to Oman’s sustainable development ambitions and long-term prosperity. It has an annual capacity of more than 395,000 tonnes of high-quality aluminium, a 1,000 MW Power Plant and Port facilities in Oman. Jointly owned by OQ SAOC, TAQA and Rio Tinto Alcan, Sohar Aluminium has won global acclaim for its superior, environmentally friendly technology. By implementing decades of industry insight in its design, specification and construction Sohar Aluminium has been created to ensure efficiency, environmental protection, and the utmost safety of its workforce. Sohar Aluminium has a diverse workforce which is 77% Omanised and has its own internationally recognised training centre. 60% of the annual production is committed to its local downstream industries.
Starting as a 120,000 tonnes per annum smelter in 1971, Alba, today, is the world’s largest aluminium smelter ex-China with a production of more than 1.561 million metric tonne per annum (2021). Its diverse product portfolio of Standard and Value-Added Products (VAP)s are exported to more than 240 global customers through its sales offices in Europe (Zurich), Asia (Hong Kong & Singapore) and subsidiary office in the U.S. Alba is dual listed on Bahrain Bourse and London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B.S.C. © (69.38%), SABIC Industrial Investments Company (SIIC) (20.62%) and General Public (10%). Over the last five decades, Alba has been a major contributor to the social, industrial, and economic development of the Kingdom of Bahrain. The Company is at the heart of a thriving Bahrain’s aluminium sector, which accounts for approximately 12% of the country's GDP. Renowned for being an employer of choice, Alba is a model in Employee Training and Development and employs over 3,100 people across its operations (2021), of which 84% are Bahraini nationals. It is noteworthy that in 2021, Alba achieved more than 581,000 training- hours despite the challenges of COVID-19. Alba is recognised also for its high standards in Environment practices, Social contribution and Corporate Governance. Over 50 years, the Company has invested into projects that had a positive impact on the society in which it operates. More recently, Alba’s US$37.5 million zero-waste Spent Pot Lining Treatment Plant, the upcoming 5-plus MW Solar Farm Project and strategic role in the future Aluminium Downstream Park are a testimony of Alba’s Sustainability Roadmap that will meet the goals of Bahrain’s Economic Vision 2030 as well as the Net Zero Carbon targets led by HRH the Crown Prince and Prime Minister of Bahrain in COP26 summit. Safety of its employees and contractors’ workforce remains Alba’s top priority. Over the years, the Company has maintained an excellent track record in Safety and Health for which it has won prestigious international awards such as the RoSPA Award 2021 (8 years in a row) and International Safety Award with Merit from British Safety Council in 2020. Alba stayed strong on its journey of Safety Excellence by topping more 20 million safe working-hours without Lost Time Injury (LTI) with zero LTIs by end of 2021.
TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
Over its eighty-year legacy, Bapco has forged on from strength to strength. Pioneering the discovery of oil in the Arabian Peninsula, Bapco began exporting its products two years after its inception in 1932, and commenced its refining activities in 1936. Bapco is wholly owned by the Government of Bahrain and accounts for a massive portion of energy-related activities, primarily refining, distribution of petroleum products and natural gas, sales and export of crude oil and refined products among others. It owns a 260,000 barrel-a-day ref¬¬¬inery, storage facilities for above 14 million barrels, a marketing terminal and a marine terminal for petroleum products. A major portion of Bapco’s customers is from the Middle East, India, Far East, South East Asia and Africa. Bapco is also involved in the supply of aviation fuel at the Bahrain International Airport, and supplies natural gas to power-generating plants and other industries in the kingdom. With an environment-centered approach and a steadfast workforce at its helm, Bapco continues to make grand strides in the development of Bahrain’s economy in the times to come.
The Oil and Gas Holding Company B.S.C. (Closed) is the energy investment and development arm of the Government of Bahrain. NOGAHOLDING aims to drive energy development and delivery in the Kingdom of Bahrain through effective and successful portfolio management and development. The Company plays an integral role in fulfilling the Kingdom’s constantly growing demand for energy and supporting economic growth in line with the Economic Vision 2030. Our portfolio of companies includes The Bahrain Petroleum Company (BAPCO), The Bahrain National Gas Company (BANAGAS), The Bahrain National Gas Expansion Company (TAWSEAH), The Gulf Petrochemical Industries Company (GPIC), Tatweer Petroleum, Arab Shipping and Repair Yard (ASRY) The Bahrain Aviation Fueling Company (BAFCO), BAC Jetfueul Company, The Bahrain Lube Base Oil Company (BLBOC), Bahrain LGN W.L.L, Bapco Tazweed, and Bahrain Gasoline Blending.