Procurement in the energy sector is entering a new phase. For decades, industrial procurement relied heavily on supplier relationships, technical specifications, tender processes and manual coordination across multiple departments. Today, digital platforms, artificial intelligence, data analytics and automation are beginning to change how energy companies source equipment, evaluate suppliers, manage contracts and control supply-chain risk. In Oman, this transformation is beco

For decades, maintenance in industrial operations was largely reactive. Equipment was repaired when it failed, parts were replaced when they wore out, and maintenance teams responded to problems as they occurred. That approach is changing. Across oil and gas, manufacturing, utilities and other asset-intensive industries, companies are moving towards a more predictive model - one that uses condition monitoring, data, sensors and analytics to identify potential issues before th

For many years, industrial partnerships in Oman were often built around a straightforward commercial model. An international manufacturer supplied a product. A local company represented the brand, handled customer relationships and supported the sales process. That model still has value, but it is no longer enough on its own. As Oman’s industrial economy develops and the expectations of operators, contractors and government entities continue to evolve, partnerships are becomi

In industrial and energy sectors, purchasing equipment has traditionally been treated as the most important part of the transaction. The focus has often been on technical specifications, price, delivery time and compliance. Today, that is no longer enough. As equipment becomes more sophisticated, operations become more interconnected and downtime becomes more expensive, after-sales support is becoming just as important as the equipment itself. For operators in oil and gas, ut

Oman Vision 2040 is reshaping the relationship between government, industry and the private sector. At the center of the Vision is a clear economic direction: building a more diversified, competitive and sustainable economy in which the private sector plays a greater role in driving growth. Oman Vision 2040 explicitly identifies an empowered private sector as a key contributor to a national economy that is competitive and integrated with the global economy. For Oman’s industr

The global energy conversation is often framed as a choice between traditional hydrocarbons and renewable energy. In reality, the transition is far more complex. Oil and gas will continue to play an important role in the global economy for years to come, even as countries accelerate investment in renewables, hydrogen, energy efficiency, carbon management and electrification. The future of energy is therefore unlikely to be defined by the disappearance of one source and the do

For many years, In-Country Value, or ICV, has been an important part of Oman’s approach to developing its energy and industrial sectors. At its simplest, ICV is about ensuring that a greater share of economic activity generated by major projects remains within the Sultanate. But its strategic purpose goes much further. ICV is not only about where a company purchases a product or service. It is about creating sustainable national capability through local procurement, employmen

Procurement in the energy sector is no longer simply about purchasing equipment at the right price and delivering it on time. As oil and gas operations become more technically demanding, more regulated and increasingly dependent on sophisticated equipment, procurement has evolved into a strategic function that directly affects safety, reliability, operational continuity and long-term asset performance. In Oman, this evolution is particularly important. The country’s energy se

The oil and gas industry is often viewed through a relatively simple lens: resources are extracted, processed and eventually converted into fuels or other products. In reality, the journey from an underground reservoir to the final end user is far more complex. It involves a highly interconnected network of exploration, production, processing, transportation, refining, petrochemicals, logistics, engineering, procurement, maintenance and technical services. Each stage depends

Rediscovering Oman’s Maritime Advantage in a New Era of Global Uncertainty Global supply chains are once again being tested. Geopolitical tensions, disruptions across critical maritime corridors, rising freight and insurance costs, changing trade policies, and growing concerns around energy and food security are forcing businesses and governments to reconsider a fundamental question: how resilient are the routes on which global commerce depends? For companies that have spent

The oil and gas industry, traditionally characterized by its reliance on heavy machinery and manual processes, is undergoing a profound...

Offshore drilling has always been at the forefront of technological innovation, with companies pushing the boundaries to meet the world's...

The oil and gas industry, a cornerstone of global energy production, is undergoing significant global transformation. Technological...