The Oman Economic Review’s Top 20 has recognized Oman Oil Marketing Company (omanoil) as one of the largest oil and gas companies listed on the Muscat Securities Market in 2011. Oman’s model of the Fortune 500, OER’s annual ranking has become the authoritative almanac on the performance of the country’s corporate sector and the accolade further distinguishes omanoil’s reputable standing as a leading Omani company.
Commenting on the achievement, Eng. Faisal Al Shanfari, omanoil General Manager of Operations, Engineering and HSSE said, “Oman’s developmental growth has risen exponentially and as a proudly Omani company, we have responded by assimilating the nation’s ambitions with our own and pursuing parallel paths of progress to contribute to the country’s economic and social advancements.”
He explained, “Developments in infrastructure, brought on by a much stronger economy, have resulted in a wider road network and residential areas, and we have harnessed our strategically located forecourts to create a compatible retail footprint. We can now reach every customer across the Sultanate and meet their demands for quality products and innovative services.”
Today, omanoil’s national reach spans 139 filling stations, 81 ahlain convenience stores and 13 car wash facilities. The company also established its Commercial fuel presence in Sur this year as the supplier to Oman’s first independent power project. “We pride ourselves in serving landmark projects with complete and customized fuel package solutions to reinforce Oman’s developmental plans,” said Al Shanfari. “omanoil is also present in the Port of Sohar with our joint venture company, omanoil Matrix Marine Services, which has grown significantly to become the sole active bunker fuel supplier in the port.”
omanoil’s growth has been driven further by aviation fuel demand which is escalating due to higher air traffic. Building on its success in 2011, omanoil’s Aviation Business has maintained its leadership position with over 50% market share at Muscat International Airport. The company has also extended its customer portfolio to include prominent airline carriers, most recently Lufthansa and Swiss Air.
“With a strong acceptance and loyalty of our customers worldwide, we are confidently venturing into our own brand of lubricants and exporting internationally. We have penetrated new markets in 2012 such as Kuwait, Yemen, Bangladesh, Ethiopia, Djibouti, Somalia, Afghanistan and Qatar and will expand further in the African and Asian continents as well as the GCC,” said Al Shanfari.
omanoil accounts its successes to upholding operational excellence founded on best international practice and an underlying commitment to exceptional standards of Health, Safety, Security and Environment. This work ethic coupled with a commitment to better serving Oman has made omanoil the nation’s fuel and lubricants provider of choice.