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20 October 2016
MUSCAT: Oct 19: Having spearheaded the creation of thousands of jobs for young Omani school-leavers in the oil and gas industry, Petroleum Development Oman (PDO) is preparing to replicate this success across non-oil segments of the local economy. An ambitious initiative drawn up by the majority government-owned company envisages the generation of an estimated 50,000 jobs for nationals in key non-oil sectors such as tourism, transportation, logistics, mining, automotive services and so on. The initiative, Managing Director Raoul Restucci said, will build on PDO’s success in supporting the creation of over 22,000 jobs for young Omanis over the past five years.
“Since 2011, PDO — together with the In-Country Value (ICV) committee at the Ministry of Oil & Gas, together with contractors and other operators, created in excess of 22,000 meaningful, internationally certified and independently accredited jobs for Omanis,” said Restucci. “We are confident of replicating what we are doing in the oil and gas industry across every other sectors as well.” The Managing Director made the announcement at the Oman Energy Industry-Academia R&D Summit 2016, which was held at the Grand Hyatt Muscat on Tuesday. The daylong event brought together around 100 top level officials and executives from leading government, public and private sector organisations and institutions, including universities and research bodies.
PDO is credited with successfully opening up job opportunities for thousands of Omanis as welders, scaffolders, pipe-fitters, and electrical, mechanical and instrumentation technicians, among other vocations. This success, Restucci said, has been underpinned by one key factor — the alignment of industry requirements with training provisions. To complement this far-reaching job creation initiative, PDO is also setting up a special entity that will support the upskilling and redeployment of cadres upon the expiry of their contracts.
“We are going to incubate within PDO a new entity which will hopefully be eventually spun off into a successful company called EMDAD. This will be a national company that will look at manpower provisions, and look at the transfer of employees from company A to B, which is such a difficult challenge particularly in the current environment,” said Restucci. “Above all, it will look at what the industry needs and how we can provide them with services,” he added.
Earlier, he identified employment generation as one of three priority objectives for PDO, alongside business delivery and funding / limiting cost to the government. “Employment is the main challenge we really have to step up on. When we look at a simple, executable programme the key success factor is where we have added employment and supply chain opportunity for Oman. That’s where we will be focusing on,” he added.
MUSCAT: Oct 19: Having spearheaded the creation of thousands of jobs for young Omani school-leavers in the oil and gas industry, Petroleum Development Oman (PDO) is preparing to replicate this success across non-oil segments of the local economy. An ambitious initiative drawn up by the majority government-owned company envisages the generation of an estimated 50,000 jobs for nationals in key non-oil sectors such as tourism, transportation, logistics, mining, automotive services and so on. The initiative, Managing Director Raoul Restucci said, will build on PDO’s success in supporting the creation of over 22,000 jobs for young Omanis over the past five years.
“Since 2011, PDO — together with the In-Country Value (ICV) committee at the Ministry of Oil & Gas, together with contractors and other operators, created in excess of 22,000 meaningful, internationally certified and independently accredited jobs for Omanis,” said Restucci. “We are confident of replicating what we are doing in the oil and gas industry across every other sectors as well.” The Managing Director made the announcement at the Oman Energy Industry-Academia R&D Summit 2016, which was held at the Grand Hyatt Muscat on Tuesday. The daylong event brought together around 100 top level officials and executives from leading government, public and private sector organisations and institutions, including universities and research bodies.
PDO is credited with successfully opening up job opportunities for thousands of Omanis as welders, scaffolders, pipe-fitters, and electrical, mechanical and instrumentation technicians, among other vocations. This success, Restucci said, has been underpinned by one key factor — the alignment of industry requirements with training provisions. To complement this far-reaching job creation initiative, PDO is also setting up a special entity that will support the upskilling and redeployment of cadres upon the expiry of their contracts.
“We are going to incubate within PDO a new entity which will hopefully be eventually spun off into a successful company called EMDAD. This will be a national company that will look at manpower provisions, and look at the transfer of employees from company A to B, which is such a difficult challenge particularly in the current environment,” said Restucci. “Above all, it will look at what the industry needs and how we can provide them with services,” he added.
Earlier, he identified employment generation as one of three priority objectives for PDO, alongside business delivery and funding / limiting cost to the government. “Employment is the main challenge we really have to step up on. When we look at a simple, executable programme the key success factor is where we have added employment and supply chain opportunity for Oman. That’s where we will be focusing on,” he added.
© Oman Daily Observer 2016
