MEM FAQ's

What are the efforts paid by the MEM to support SMEs and local companies near the concession areas?

What are the efforts paid by the MEM to support SMEs and local companies near the concession areas?

The government represented by the Ministry of Energy and Minerals in coordination with Oil and Gas companies has paid tireless efforts for communities near the concession area, through the following:

Establishing local community companies that provide services to larger companies in the region in order to provide job opportunities for locals and find income for the Omani companies’ owners.

Recently the government has adopted a new strategy that aims to increase the opportunity of local communities’ benefits through establishing local closed stock companies in the concession areas through which all citizens ofthe region without any exception can be shareholders and priority is given to the citizens near the oil fields. Provided that companies working in the Oil and Gas sector must ensure that local companies shall sign work contracts in the main work of Oil industry for (10) ten years. In addition to qualifying and training those companies to be one of the big companies working in the Oil field.

What are the synergies between MEM and civil community institutions?

What are the synergies between MEM and civil community institutions?

MEM plays a major and important role in encouraging and promoting Oil and Gas companies to contribute in developing the social investment and comply to make a positive difference in the community in different fields such as education, health, safety, and social development programs.

In the education field, the Ministry contributes in coordination with the Oil and Gas companies to fund scholarships for the lower income and social security families.

While in the field of safety and decreasing traffic accidents, a couple of companies in coordination with Traffic Safety Institute in Oman Royal Police worked in training a number of driving tutors on preventive driving skills. In addition to that, some companies provided sustainable social initiatives through providing a number of fully equipped ambulances to the Ministry of Health and Royal Oman Police.

In the field of women empowerment, some companies has funded training programs for Omani women to train them the basic computer skills. In addition to the training programs in the traditional crafts and skills, so women can have opportunities to establish their own small businesses.  

What does enhanced productivity mean? What are its expected outcomes? And what are the available opportunities after its application?

What does enhanced productivity mean? What are its expected outcomes? And what are the available opportunities after its application?

The Enhanced Oil Recovery EOR is one of the modern methods used in increasing the extraction of the Oil amount from the Oil field that it might reach 60% or more. EOR comes after the primary recovery stage that means depending on the sufficient normal pressure level inside the oil reservoir for production or secondary recovery stage in which the water flooding or gas injection is implemented or through using different types of pumps through which the pressure level is maintained inside the reservoir and therefore increasing the production.

Once these levels become less effective, or no longer useful to extract more oil, different other types of oil enhanced recovery are used such as: thermal recovery, or chemical injection like polymers or miscible gas injection on other developed techniques.

In general, it means using developed techniques through enhanced oil recovery to produce larger amounts of oil. The Sultanate is considered one of the pioneering countries in implementing these techniques not only in Middle East but worldwide. The Sultanate for instance applies the thermal recovery in Mukhaizna Oil Field which is one of the few projects that uses steam in this regard. Also Qarn Al Alam oil filed is one of the pioneer projects that uses steam injection in the fractures of limestone rocks in addition to Amal west and east oilfield. In miscible gas injection technique, the Harweel project of PDO is one of the pioneering project in this regard, as the company also study the implementation of this technique in other fields. Occidental Oman is conducting a feasibility study for injection of mixed gas in Safah oil field Oman and started drilling an experimental well, while the implementing the injection of  polymer is used in Marmul field in PDO company which came out with good results.

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ICV FAQ

What about the rest of the opportunities that haven’t...

What about the rest of the opportunities that haven’t...

The rest of the opportunities will be launched in subsequent waves or events and announced through various media outlets prior to the launch date. The number and type of the opportunities will be prioritized and determined for the next wave based on market conditions and related factors.

Who will float the tenders?

Who will float the tenders?

The tenders will be floated by the relevant oil & gas operators, whereby all participants who have registered their interest through the ICV Website will be informed regarding details of such tender. 

It is to be noted that in order to be eligible to participate in the oil & gas tenders, all participants/suppliers are required to register in the Joint Supplier Registration System (JSRS) at the following website: https://www.businessgateways.com.   

How to register an interest in any of the opportunities?

How to register an interest in any of the opportunities?

All participants/suppliers can register by selecting “Contact Us”, followed by “Expression of Interest” and then selecting the required category/opportunity. Alternatively, you can register through “Opportunities Status” or “Expression of Interest” located in the lower part of the webpage.   

For the “Launched” opportunities, a respective link will be provided to register your interest, which will be processed by the relevant oil & gas operators.   

For the opportunities that are not launched, your interest will be registered and you will be informed of any updates accordingly.    

What is the purpose of setting-up the ICV Programme...

What is the purpose of setting-up the ICV Programme...

To ensure alignment with the ICV Blueprint Strategy, manage and coordinate initiatives and opportunity implementation and act as a single point of contact for ICV related communication with internal and external stakeholders.

Does ICV PMO provides support for financing or...

Does ICV PMO provides support for financing or...

The ICV PMO does not provide financial support or land allocation for the opportunities as these responsibilities rest with the investors, including any associated procedures and arrangements. It is worth mentioning that there are a number of financial institutions in the Sultanate such as the Government-owned Al Rafd Fund (please view “Useful Links”).
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Minerals FAQ's