omanoil receives 2010 top 20 awards by ministry of commerce and industry for second consecutive year

Muscat, October 26th 2010

For the second consecutive year, Oman Oil Marketing Company (omanoil) received the Oman Economic Review (OER) Top 20 Award by His Excellency Maqbool bin Ali Sultan, Minister of Commerce and Industry and His Highness Sayyid Tarik bin Shihab Al Said, Editor-in-Chief of OER at a ceremony held at Muscat Securities Market (MSM).

Ranked number seven, omanoil was acknowledged by a diverse spectrum of business pioneers for its leadership, market strength, achievements, history, brand values, innovation and ongoing entrepreneurial spirit.

Eng. Omar bin Ahmed Qatan, CEO of omanoil expressed, “This achievement for the second consecutive year is a testament to our continued success in our role as active contributors to the local economy and partners in the prosperity of the national energy infrastructure. Throughout the years, we have remained committed to operational excellence and unmatched customer experiences at the highest global standards through our broad understanding of market sensibilities and requirements across all business portfolios.”

Qatan added, “Today, we have been recognized for the attributes that form the foundation of omanoil as a progressive, young, energetic and Omani corporation. Since our first win in 2009, omanoil has witnessed sustained growth in a number of disciplines including our vast expansion in the retail sector as well as our new position as market leaders in the local aviation industry.” Under the theme ‘The Way Ahead – Road to Vision 2020’, this year’s OER Debate and Top 20 Awards were held under the patronage of His Excellency Yahya Al Jabri, Executive President of the Capital Market Authority (CMA). Over 200 professionals and business leaders from the private sector came together to address the key success stories, challenges and opportunities that form today’s growing and vibrant Omani business environment.

The Debate was also an excellent opportunity for omanoil and other leading corporations to share expert knowledge and exchange valuable insights from international best practices to the realities that shape today’s global economy.

About Oman Oil Marketing Company SAOG

Formed in October 2003, Oman Oil Marketing Company with the brand name omanoil is envisaged to be the future prominent player in petrol and lubricant retail in Oman. Today Oman Oil Marketing Company SAOG is involved in the marketing and distribution of fuels and lubricant products and operates in the sectors of fuel retailing, direct (bulk) fuel sales to Government and the Commercial sector, lubricants, aviation refueling and storage and distribution.

Oman Oil is a 100% Omani owned company that leverages the multinational heritage and experience and puts it to practice to benefit Oman. Presently having more than 100 filling stations in the country, they are aimed towards providing a dependable local service that is both fast and fulfilling and sets them apart from the competition.

Oman Oil Marketing Company’s success is created and maintained by well-trained, motivated and innovative people. The Company is proud to have a diverse team that is dedicated to the overall corporate objectives. Operating in an increasingly competitive business environment, The Company has continued its strong performance focus and consistently achieved its primary safety, operating and financial targets.