Omani firms secure $610m worth contracts from BP Oman : vima

Omani firms secure $610m worth contracts from BP Oman


Omani firms secure $610m worth contracts from BP Oman
Published: 10:00 PM, May 05, 2021
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MUSCAT, MAY 5 - Omani registered companies were beneficiaries of $610 million worth of contracts awarded by BP Oman last year, representing around 90 per cent of the company’s total spend during the year.
Announcing the launch of its first socioeconomic review in Oman, the energy major said it had also spend $28.6 million directly with small and medium enterprises (SMEs) either through direct contract awards or through third party contracted services. Around 4,202 people employed through BP contracts, it said.
BP Oman President Yousuf al Ojaili commented: “Oman is a strategically important country for bp and we’re extremely proud of our partnership with the Sultanate and the stories portrayed through this review. Whilst bp’s role as an energy provider is core to what we do and a key contributor to Oman’s economy, our impact is much broader.”

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