OER Top20 2019
Adapting to evolving customer needs

Shell Oman Marketing Company operates in a multi downstream-business structure providing retail, commercial, lubricants, aviation, marine and Bitumen products and services in Oman
The retail business remains the largest revenue segment for Shell Oman Marketing. In 2018, the business continued to build on its mission of “making life’s journeys better”. This includes network expansion, operational excellence, developing world class people and introduction of new and innovative customer value propositions being the key priorities in order to adapt to evolving customer needs and changing regulations. The retail business sustained its market leader position, with prior year investments in new sites and upgrades to existing sites together with continuous improvement in customer experience helping it maintain its lead.
The lubricants market environment remained challenging due to the overall slowdown in the economy and a significant drop in new vehicle registrations compared to last year which has resulted in overall lower demand and a tighter credit market. The focus in the business has been to attract new key accounts in the market, grow volumes from existing customers and enhance its route-to-market strategy in the indirect business.
Challenging transition
In 2018, Trading & Supply (T&S) division has transitioned its volumes from the SOM Mina Al Fahal (MAF) terminal to Orpic’s new Al Jifnain Terminal as part of the Government’s plans for this sector. This challenging transition was handled well by the T&S team in collaboration with their counterparts in Orpic, both in terms of HSSE and operational matters. Volumes in Port Sultan Qaboos, Sohar and Raysut remained stable during the year.
The company’s aviation team managed to obtain significant new businesses and retained key contracts at Muscat International Airport, which contributed positively to the overall performance. New international airlines from Europe and Russia have introduced flights at Salalah, which has had a significant positive impact on sales.
-
Automotive2 months ago
South Korea Plans to Support Auto Sector with US$2B Following US Tariffs
-
News2 months ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
News2 months ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
OER Magazines4 weeks ago
OER, April 25
-
Renewables2 weeks ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, April 25
-
Banking & Finance2 months ago
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks
-
Banking & Finance2 months ago
Sohar International Bank SAOG Announces Intention to Merge with Ahli Bank SAOG
You must be logged in to post a comment Login