The PDO day witnessed the introduction of the first PDO ICV awards to recognise the outstanding ICV achievements of its contractors and staff, and the launch of an ICV directorate, which will set a new industry standard in terms of ICV commitment and execution, Oommen John P reports .
To mark His Majesty Sultan Qaboos Bin Said’s historic visit to Petroleum Development Oman (PDO) headquarters on May 12, 2013, the company recently organised its first PDO Day under the theme In-County Value (ICV) showcasing Omani talent and SME innovation.
The company’s main office at Mina Al Fahal wore a festive look with around 100 Omani exhibitors showcasing their expertise, creativity and innovation. The six-hour event to mark the first anniversary of HM’s visit was held under the auspices of HE Dr Mohammed Bin Hamad Al Rumhy, Minister of Oil and Gas and chairman of the PDO Board. The ceremony also witnessed the introduction of the first PDO ICV awards to recognise the outstanding ICV achievements of its contractors and staff.
Rumhy said, “PDO Day is a fitting way to mark the anniversary of the momentous visit of His Majesty to the company’s headquarters. It is so impressive to see the huge efforts PDO is making on In-Country Value (ICV) to benefit the whole nation.”
“His Majesty’s government has placed great importance on the development of Omani jobs, skills and economic diversification and the oil and gas industry is playing a major role in supporting that vision.”
PDO Managing Director Raoul Restucci said that His Majesty’s visit to PDO on May 12, 2013 continues to inspire the staff each day. He said commemorating the event with the ICV theme was in line with the company’s corporate vision. ICV is an integral part of corporate vision. It’s about transforming Omani lives by creating sustainable employment opportunities, training programmes and commercial opportunities for citizens and enterprises in line with His Majesty’s wishes.
As part of its ICV drive, PDO in close co-operation with its contractors has so far generated more than 10,000 jobs in the past two and half years. Last year, it awarded contracts worth RO3.1bn to locally registered companies. It also ramped up its social investment programme and has announced a package worth more than RO5.5mn to fund 13 projects including Muscat’s first drug rehabilitation centre and a new intensive care unit in Khoula Hospital.
Under the auspices and guidance of the Ministry of Oil and Gas and alongside OPAL and other operators and the company’s contractor community, PDO has played a key role in developing an ICV blueprint strategy for the oil and gas industry, which could create up to 50,000 jobs for Omanis in the sector by 2020 and potentially retain a $64 billion dollar windfall in the Sultanate. The strategy has initially identified 53 new business opportunities for Omani firms of which 15 were launched in December 2013 with PDO taking the lead on nine. “There has been lots of great ICV progress which we now need to sustain to effect real and lasting change,” Raoul said.
To mark the occasion, PDO also signed a Memorandum of Understanding with Dr Muna Bint Salim Al Jardani, Undersecretary at the Ministry of Manpower for technical education and vocational training. Under the agreement, PDO will partner with the Ministry of Manpower to provide Omanis with training to meet current and future industry employment needs of the oil and gas industry.
PDO also announced that it will launch a new ICV directorate, which will set a new industry standard in terms of ICV commitment and execution. The new organisation will co-ordinate and drive ICV development enabling PDO to deliver more effectively on its four ICV pillars-Goods and services, Omanisation/training, social investment and local vendor development.
In addition, the company is to work with the Ministry of Oil and Gas and the Public Establishment of Industrial Estates (PEIE) on the development of two five-million m2 industrial zones in the north and south of its concession area. The zones will have the potential to directly and indirectly create many new jobs in the company’s Block 6 concession area.
The ICV theme ran throughout PDO day with almost 50 PDO employees demonstrating a range of skills and expertise in fields as diverse as photography, poetry, calligraphy, graphic design, sculpture and karate. Omani SMEs also exhibited crafts and products including pottery, bone carving, silver jewelry and dessert making.
Also present at the ceremony were HE Dr Ali bin Masoud al Sunaidy, Minister of Commerce and Industry; HE Salim Bin Nasser Al Aufi, Undersecretary, Ministry of Oil and Gas; HE Dr Muna al Jardaniya, Undersecretary at the Ministry of Manpower for technical education and vocational training; Members of the State Council Khalfan al Esri and Nasheah al Kharusi; Shaikh Sulayem al Hikmani, Member of Majlis Ash’shura; Khalfan al Abri, acting CEO, Public Authority of SMEs; and Irshad al Lawati, CEO, OPAL.