omanoil supports national e-payment initiatives during bankmuscat’s 2010 cardholders’ shopping festival

Muscat, November 9th 2010

Ushering a cashless society in light of the e-payments era, Oman Oil Marketing Company (omanoil) has reinforced its support to its long standing partner BankMuscat as Gold Sponsor of the 2010 Cardholders’ Shopping Festival.

As the exclusive fuels and lubricants marketing sponsor, omanoil’s valued patrons can participate in the Festival by making a purchase through their BankMuscat credit and debit cards at any of omanoil growing network of 117 filling stations and 65 Ahlain and convenience stores across the Sultanate. Upon making an e-payment, customers will receive a coupon and automatically enter the Festival’s weekly draws to potentially win a number of discounts and prizes.

Previous collaborations between omanoil and BankMuscat include Oman’s first chip based multi-partner rewards program basma, which has significantly promoted the use of e-payments and smart cards for consumer’s various shopping needs since its establishment in 2005. The basmaCard Program extended its outreach last month through the ‘Mass Redemption’ campaign which now enables card holders to redeem points at all seventeen merchants.

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.