On the safety front, the Company recorded a 14 per cent improvement in Lost Time Injury Frequency at 0.28 per million manhours, albeit with two work-related fatalities. There was also a 54 per cent fall in Tier-1 Asset Integrity-Process Safety (AI-PS) incidents and a 30 per cent drop in the overall number of motor vehicle incidents.

Mr Restucci noted, “Although we are pleased to see an improved safety performance, there is still much work to do if we are to achieve our Goal Zero aspiration of no harm to people, environment or assets.

“To further embed the safety culture in PDO, we will place more emphasis on visible leadership and compliance, intervention and respect, supported by improved reporting and simpler, more pervasive training.”

During his presentation at the annual Ministry of Oil and Gas Media Briefing, Mr Restucci highlighted a string of PDO achievements last year. These included the creation of 7,200 employment, training and re-deployment opportunities for Omanis with PDO contractors and the award of contracts worth more than $3.7 billion to nationally registered firms.

The Company has also ramped up its support of domestic small and medium enterprises, including 190 active Local Community Contractors and four Super Local Community Contractors. The SLCCS now have a total capital worth of RO 23.2 million and more than 9,400 shareholders drawn from the communities where they operate.

Mr Restucci said, “Despite the recessionary pressures, it has been more important than ever to pursue our In-Country Value (ICV) programme to build a sustainable Omani industrial/private sector base able to compete on the international stage and retain more of the industry’s wealth in the Sultanate.

“The creation of employment and training opportunities for Omanis remains a strategic priority for PDO and we are determined to play our part in helping the thousands of nationals who come onto the job market each year to find meaningful and rewarding work.”

Project Prism, PDO’s industry-first initiative into the welfare of more than 30,000 contractor personnel has been stepped up with the aim of confidentially interviewing workers from 200 companies this year about a wide range of topics including safety, pay, training, medical care, food, accommodation and human resources provision in the field.

In 2015, PDO stayed true to its aspirations to be a good corporate citizen, pledging financial support to a range of community and educational initiatives, including school building and further training and marketing support for the Banat Oman social enterprise. This has now trained more than 300 women from low-income backgrounds in a variety of handicrafts, giving them the opportunity to make a better living.

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