Oman has signed contracts worth $172.5 million in various fields including construction, services, and manufacturing, part of the newly launched Majd program aimed to boost the country’s local capabilities, reduce the reliance on imports, and support economic diversification.
OQ Exploration and Production has signed an agreement with Jalmood National Company for integrated drilling and development services, further underscoring efforts to localise the energy sector’s supply chain.
Nama Services Dhofar signed a major contract with Galfar Engineering and Construction Services to develop a water treatment plant.
Petroleum Development Oman sealed three supply agreements with local manufacturers, including Spira Sealants Factory and Gulf Sealants Factory, alongside a contract to supply industrial stabilisers from Gulf Stabilisers and Steel Industries Company.
Occidental Oman has signed a contract to source reinforced thermoplastic pipes from Duqm Hong Tong Factory. Additionally, Occidental Oman signed a contract with Al Aman Al Awal Company to monitor and treat leaks in treatment and collection facilities.
Nama Water Services Company signed a wide-ranging maintenance contract with Al Ansi Trading and Contracting Company to manage water networks across multiple governorates, including construction, rehabilitation, and fault repair services.