PDO signs $35m deals with Omani firms
26 May 2017
Petroleum Development Oman (PDO) has signed three contracts worth $35 million with Omani firms for the supply and servicing of compressors.
PDO has agreed two contracts with Bin Salim Enterprises for the supply of instrument air compressor packages and the maintenance and repair of installed units, said a statement from the company.
It also penned another service deal with PipeLine Supply Company for an existing compressor fleet, it added.
Raoul Restucci, managing director of PDO, said that the company is delighted to sign these contracts which displays its commitment to investing in Omani businesses and people.
He added that the deals will enable both the local manufacture of vital equipment for our operations and the development of Omani service engineers and repair facilities.
Restucci further noted that PDO are working all the time to ensure Omani companies play a greater role in the oil and gas sector and beyond in order to develop competitive, capable, professional and efficient local supply chains.