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Oman Oil address their valued dealers at an
annual conference
Muscat, 25th April 2005
 Oman Oil Marketing Company SAOG (OOMCO) recently
hosted its Annual Dealer Event at the Grand
Hyatt, Muscat. The evening was attended by over
90 people including; site owners and business
partners.
OOMCO shared details of the 2004 Company and
Filling Station performance with attendees who
were also being informed of the plans for 2005
in the Retail area.
With the recent announcement of OOMCO’s 2004
financial results and a RO 2.7 million pre tax
profit, Mike Wilson, Managing Director of OOMCO
began the evening with an introduction to the
future. “We aspire to build on the positive
foundations set in 2004 by maintaining
sustainable business growth both within and
outside of Oman”.
Paul Philips, OOMCO Retail Manager continued by
summarising retail performance for 2004 and
outlining the vision for 2005. “Increasing the
number and quality of filling station sites,
along with further improving customer service
remains our main priority”.
OOMCO aspires to enhance the omanoil brand with
omanoil becoming the customers’ first choice for
quality fuels as the only 100% Omani owned fuels
marketing company. In 2005, OOMCO looks forward
to opening a number of new sites as well as the
refurbishment of a number of key existing
locations.
In addition to retail investment in its physical
assets, growth opportunities continue to exist
with fuel cards as customer’s switch from ‘cash
to plastic’.
OOMCO offers two fuel cards, the Ejaba credit
based card which is aimed at fleet operators
both in government and private sectors and the
Wayak ‘pre-paid’ card for individual or small to
medium fleets. Sadiq Al Moosawi, Fuel Cards
Manager, stated; “Since the new ‘smart’ cards
were launched in 2003 the growth has been
overwhelming.”
Many new initiatives will be introduced in 2005
including, new card benefits and features,
technology, government accounts and the
upgrading of telephone technology to speed up’
card transactions. Mike Wilson concluded, “It is
a very exciting stage in our development and we
look forward to surpassing all previous
successes in 2005.”
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