28 March 2013
MUSCAT -- Opal Oman Society for Petroleum Services (Opal), the forum of 356 oil and gas companies operating in Oil and Gas, held its Annual General Meeting at Crown Plaza Muscat Hotel on March 25.

The event was attended by some 200 General Managers and CEOs of Opal member companies and representatives from the Ministry of Social Development.

Following the announcement of the legal quorum, the AGM started as per the agenda to discuss and consider the reports of the Chairman, the financial statements for the financial year ending on December 31, 2021 and to elect new Board to serve for the next two years.

Majid al Toky, Opal's Chairman, started the meeting by welcoming the members and acknowledging the efforts of the secretariat on addressing certain labour and CVC issues within the sector.

He indicated that during the past year Opal achieved several milestones and objectives that Opal was established for.

During his speech he shared some views that the Board of Director would like to see reflected in the new business plan, and requested the members for effective participation and play a proactive role in the planning and execution process.

The members have elected seven of the eleven candidates who run for the election, each to serve a two-year term according to the constitution. The process was executed under the direct supervision of the Ministry of Social Development and Moore Stephens, Opal Financial Auditors.

The newly elected Board Directors are:

Mundhir al Barwani, External Affairs Director at PDO
Majid al Toky, Managing Resident Partner of Trowers & Hamlins
Nabeel al Reyami, Managing Director of Arabia Drilling Services
Mark Hobbs, General Manager of Shaleem Petroleum Company
Harib al Kitani, CEO of Oman LNG
Chris Fidler, Group General Manager of TruckOman
Michael Armstrong, Partner In Charge of KPMG

During the meeting, the financial reports presented by the Treasurer, Michael Armstrong were considered and approved.

This was followed by an address by Opals Chief Executive, Mohamed al Harthy, who focused on Opal's 2012 performance and the future plans stressing on the importance of enhancing in-country Value in the oil and gas sector, taking it as the cornerstone for Opal's future plans.

© Oman Daily Observer 2013