Oil & Gas
Oman Oil Co, BP sign MoU to invest in human capital

Oman Oil Company (OOC), the Sultanate’s investment arm in the energy and energy related sectors, and BP Exploration (EPSILON) Limited have signed a Memorandum of Understanding (MoU) to enable secondment opportunities between the two companies. The signing ceremony was attended by Eng Isam bin Saud al Zadjali, CEO of OOC and Yousuf al Ojaili, BP Oman president.
The accord stipulates that OOC, its group of companies and BP Oman will provide opportunities for employees to be assigned to each other’s businesses on a secondment basis.
This collaboration between OCC, local investor and BP, one of the world’s leading integrated oil and gas companies, will enable the further development of employees through knowledge transfer between experienced workers and young professionals. It will afford learning and development opportunities through on-the-job training in a different environment to that of their own employer; therefore broadening experiences and skillsets which will ultimately contribute to improving the country’s manpower capabilities.
Commenting on the signing of the MoU, Eng Isam al Zadjali said: “The focus of OOC in nurturing its human capital is to aid the facilitation of the transfer of expertise and technology to build a knowledge-based economy. We do not only employ experts from around the world, we also create partnerships to provide opportunities and on-the-job training.”
Yousuf al Ojaili said: “BP is passionate about developing its people and we are excited about our collaboration with OCC. Developing our local talent is key to our success and through secondment opportunities we look forward to sharing best practices which will only contribute to the continuous improvement for both of our orgnisations.”
-
Banking & Finance6 days ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Renewables1 month 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, May 25
-
Business2 months ago
St. Petersburg International Economic Forum 2025 unveils its Business Programme
-
Leaders Speak2 months ago
OERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
Bahrain5 days ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
OER Magazines1 month ago
OER, May 2025
-
Renewables2 months ago
Sembcorp’s 588MW Solar Power Plant In Oman Begins Commercial Operation
You must be logged in to post a comment Login