OMANOIL Ranks in Top 20 Companies in the Sultanate
OMANOIL Ranks in Top 20 Companies in the Sultanate

Oman Oil Marketing Company (omanoil) has been recognized by Oman Economic Review’s Top 20 as one of the largest oil and gas companies listed on the Muscat Securities Market. This is the second consecutive year the company has been listed, reinforcing its sustainable growth, innovation and pioneering performance as a leading, home-grown establishment.

Engr. Faisal Al Shanfari, General Manager of Human Resources, Administration, Corporate Affairs, Procurement and HSSE said, “We are achieving a 15% growth in revenues and a 12% growth in profits year-on-year, and aim to increase these figures while intertwining our business objectives with our passion to drive progress for Oman’s economic and social development. Our ambitions are aligned with the nation’s developments in order to grow hand-in-hand with the country.”

He explained, “Today, Oman’s infrastructure developments have led to wider road networks and residential areas. Our 152 filling stations, 85 ahlain convenience stores and 16 car wash facilities are strategically located to create a compatible retail footprint that enables us to reach our customers in every corner of the Sultanate.”

Fortifying its commitment to the country’s progress, omanoil established its commercial fuel presence at Port of Duqm which is envisioned to become Oman’s epicenter for international commercial trade. Last year, the company signed two agreements with Port of Duqm to develop a bunkering terminal and provide refueling services. “We are proud to play our role in enhancing the country’s global competitiveness and diversifying the nation’s economy through strategic partnerships and serving landmark projects with complete and customized fuel package solutions,” said Engr. Al Shanfari.

Leading by example by innovating, enriching and advancing the industry, omanoil diversified its product offering and introduced its own brand of lubricants to the Omani market with the aim of providing local products of international standards. Also last year, the company reached a new record of 21 years of no Loss Time Injury operations at the JV Terminal in Mina Al Fahal by following its robust Health, Safety, Security and Environment policies.

omanoil accounts its successes to upholding operational excellence founded on best international practice. This work ethic coupled with an unwavering commitment to better serve Oman has made omanoil a trusted national household name.