27/11/2017 07:23 AST

Oman Oil Marketing Company has started its fuel bunkering operations by barge at Port of Duqm as part of its drive to expand ship-to-ship services in the Sultanate's maritime logistics hubs.

Developed in line with the most stringent international environment and marine safety fuel measures, the new services will play an integral role in the overall growth and development of the Port of Duqm and Special Economic Zone at Duqm (Sezad).

"Our fuel bunkering facilities at the Port of Duqm substantially elevate our ability to meet the needs of the shipping industry and provides us with a valuable foothold in one of the region's most important maritime projects. To date, we have delivered over 3,000 tonnes of bunker fuel oil to major customers in the Port of Duqm," David Kalife, CEO of Oman Oil Marketing Company, said.

"These developments have established a firm foundation for the future growth of our operations in Duqm, which will help expand the range of solutions and infrastructure available for ships looking for world-class solutions in Oman," he added.

Kalife said, "Over the next few years, we will be moving ahead with plans to develop a full-fledged bunker supply facility at the Port of Duqm. This is part and parcel of our long-term strategy to contribute to the national growth and development of the country by serving the growing needs of industries across Oman."

"As the engine of Oman's long-term economic growth, it is imperative for us to identify the right partners that will propel our vision for the country forward. Together with Oman Oil Marketing Company's new barge services, we are in a position to better serve the continuous flow of commercial and cargo vessels coming into our port," Reggy Vermeulen, CEO of Port of Duqm, said.

Looking towards a promising future, Oman Oil Marketing Company is committed to reinforcing its position as a partner of choice and contributing to Oman's economic and social advancement by innovating, enriching and advancing all upstream and downstream industries. Since inception, the company has fully aligned its ambitions with the country's developments, driving the progress of both Oman and company for years ahead.


Times of Oman

Oman Oil Co eyes enhanced upstream presence

16/11/2017

Oman Oil Company (OOC), the Omani government's energy investment arm, is moving aggressively to grow its presence in the upstream segment of the Sultanate's oil & gas industry, complementing its alre

Oman Daily Observer

Oman Oil Marketing wins licence to operate filling stations in Saudi

09/05/2017

Oman Oil Marketing Company (oomco) has announced that it has secured a licence to operate retail filling stations in the Kingdom of Saudi Arabia, marking a key milestone in the partly government-owne

Oman Daily Observer

OOMC joins 5th Africa Business Forum

02/05/2017

Oman Oil Marketing Company (OOMC) Acting CEO Hussain bin Jama al Ishaqi (pictured) joined some of the world's most renowned entrepreneurs as a panellist at the 5th Africa Business Forum.

Or

Oman Daily Observer

Ticker Price Volume
OOMS Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
OQEP 0.35 0.00 (0.00%)
OTEL 0.91 0.01 (1.11%)
OQGN 0.16 0.01 (6.66%)
ASCO 0.12 0.00 (0.00%)
ABRJ 0.27 0.00 (0.00%)
Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%

08/08/2025

Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i

Trade Arabia

Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn

08/08/2025

Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly

Trade Arabia

IQ reports QR2bn net profit in H1, approves 26% interim dividend

08/08/2025

Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.

The

Gulf Times

Aramex sees stable H1 revenue as regional push offsets profit pressures

08/08/2025

Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express

Gulfnews

Dubai's Parkin locks in record Q2 revenue, profit on parking demand

08/08/2025

Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo

Gulfnews