Latest news with #OOMCO
Muscat Daily
5 days ago
- Business
- Muscat Daily
Youth Centre partners with OOMCO and Nikon to empower Omani freelancers and photographers
Muscat – In a major step to empower Omani youth and enhance their skills across freelance and professional photography, the Youth Centre has signed two cooperation agreements with Oman Oil Marketing Company (OOMCO) and Nikon. The agreements were signed by His Excellency Basil bin Ahmed al Rawas, Undersecretary of the Ministry of Culture, Sports and Youth for Sports and Youth, on behalf of the Youth Centre. Representing OOMCO was CEO Tariq bin Mohammed Al Junaidi, while Anil Khimji, Member of the Board of Directors at Khimji Ramdas Group, signed on behalf of Nikon. The agreement with OOMCO will see the launch of the third edition of the Tamakun Self-Employment Program, which aims to empower 200 young men and women who are self-employed. Running from September to December 2025, the programme focuses on equipping youth with the skills and tools needed to transform their talents into sustainable sources of income. The second agreement, signed with Nikon, is designed to support youth in the field of professional photography. It includes the implementation of advanced training programmes and the setup of fully equipped photography and audio studios at the Youth Centre. This initiative aims to create a space for young people to develop their creative capabilities and produce high-quality artistic and visual content. Commenting on the initiative, Ishaq bin Saud Al Manji, Public Relations and Partnerships Officer at the Youth Centre, said the agreements represent the Centre's continued commitment to building strategic partnerships with both governmental and private institutions. 'These partnerships are part of our mission to provide a stimulating environment for Omani youth through quality programmes that develop skills and open pathways for future success,' he said. He noted that the Tamakun programme has already proven its effectiveness in supporting young entrepreneurs and that this third edition aims to be even more impactful. 'We are also confident that the professional training and upgraded facilities made possible through our partnership with Nikon will significantly enhance the artistic and technical skills of Omani youth,' he added. The new agreements are part of broader efforts by the Youth Centre to promote innovation, entrepreneurship, and creative expression among young Omanis, helping them to achieve their ambitions and contribute to the country's development.
Zawya
24-04-2025
- Business
- Zawya
OOMCO and I'm Hungry fast-food chain announce collaboration
Muscat, Oman – In a move to elevate customer service and experience while broadening the range of options available to them in the Kingdom of Saudi Arabia, OOMCO has announced a collaboration agreement with Fresh Food Company Ltd., the owner of the renowned "I'm Hungry" fast-food chain in the Kingdom. The agreement entails OOMCO leasing four strategically located sites at its existing Eastern Province service stations to "I'm Hungry" restaurants. The agreement was signed by Nasser Saleh Al Mawali, Regional Manager of OOMCO in Saudi Arabia, and Abdulrahman Mohammed Al Ghamdi, Chief Executive Officer of Fresh Food Company Ltd. On this occasion, Jaber Mansoor Al Wahaibi, General Manager of Corporate Planning, Business Development, International Retail and Marketing & Digital at OOMCO, stated: "We view this strategic partnership as a significant step towards enhancing the experience of our valued customers in the Kingdom of Saudi Arabia. Our aim is to enrich their journey by providing diverse and integrated options that cater to their needs and aspirations. This stems from our firm belief in the importance of continuous innovation and a strong customer focus as cornerstones for OOMCO's growth and sustainable success in the Saudi market." This collaboration marks a significant milestone for "I'm Hungry," representing its first expansion into the Eastern Province with the opening of its inaugural branches in the region. Construction work on the new locations is scheduled to commence this April. OOMCO currently operates 37 service stations across the Kingdom of Saudi Arabia, covering the Eastern, Western, and Central Provinces. Meanwhile, the Saudi fast-food franchise "I'm Hungry" enjoys widespread popularity with 24 branches operating throughout the Kingdom. About Oman Oil Marketing Company (OOMCO) Oman Oil Marketing Company (OOMCO) is a trusted leader in energy solutions, delivering innovative and customer-focused services across Oman and the GCC. Since its establishment in 2003, OOMCO has built an extensive network of service stations, convenience stores, and specialized offerings, providing high-quality fuels, lubricants, and retail experiences tailored to diverse needs. With a strong commitment to Oman Vision 2040, OOMCO supports initiatives that promote sustainability, health, and safety, ensuring positive impacts for communities and the nation. For media inquiries, please contact: Shouq Al-Ghailani Corporate Affairs Executive
Zawya
03-04-2025
- Automotive
- Zawya
OOMCO's biodiesel sales top 2mln litres in Oman during 2024
MUSCAT: Underscoring growing, domestic customer demand for alternative fuels, leading fuel marketing company Oman Oil Marketing Company SAOG (OOMCO) has revealed that it achieved sales of over two million litres of biodiesel in Oman during 2024. It marks the first successful year of commercial-scale biodiesel sales by a fuel marketing company in Oman. In 2023, publicly listed OOMCO, part of OQ Group, became the first fuel retailer in the country to launch biodiesel as a low-carbon alternative to conventional diesel. Well-known Omani start-up Wakud, which operates the country's first biodiesel refinery at Khazaen Economic City, is a key supplier of the low-carbon diesel to OOMCO. Typical corporate customers for biodiesel in Oman are oil and gas companies with large passenger and freight transportation fleets, operators of heavy machinery used in mines and quarries, shipping and marine companies, trucking and logistics firms, and a growing number of public and private sector firms demonstrating their commitments to sustainability. 'In 2024, OOMCO successfully sold over 2 million litres of biodiesel (B5 and B20) to meet growing customer demand for alternative fuel solutions,' said Tarik bin Mohammed al Junaidi, Chief Executive Officer, in the company's 2024 MDA report. B5 and B20, the most popular brands, represent a blend of 5 per cent and 20 per cent of pure biodiesel with 95 per cent and 80 per cent respectively of petroleum diesel. Significantly, the domestic uptake of biodiesel – while minuscule compared to the Americas, Europe and Southeast Asia – is still notable, given the relatively nascency of the clean fuels market in Oman. A small handful of biodiesel producers in Oman, who mainly use waste cooking oil as raw material, find themselves up against a major cost-disadvantage. With conventional diesel marketed with an in-built government-provided subsidy, the only takers for premium-priced biodiesel are predominantly companies committed to ESG standards and Net-Zero goals. The successful introduction of biodiesel is one of several initiatives launched by OOMCO in support of national carbon reduction efforts. Also during 2024, solar energy systems were installed at 12 service stations operated by the company, generating around 1.9 GWh of clean electricity, while reducing 1,350 tonnes of CO2 emissions. In addition, OOMCO has successfully installed a total of 23 Vapour Recovery Units (VRUs), which capture fuel vapours during loading and unloading of fuel at service stations. These units helped reduce around 1,242 tonnes of CO2 emissions. Leveraging its extensive network of service stations – numbering 237 across the country – OOMCO's joint venture, EVO, expanded the roll-out of charging stations. By the end of the year, a total of 133 charging points had been installed at 66 locations, including along major highways, around Oman. According to Al Junaidi, CEO, green hydrogen-based initiatives were also unveiled in 2024. 'Further reinforcing its role in green hydrogen development, OOMCO was awarded a strategic position as a hydrogen producer, in collaboration with the Ministry of Transport, Communications and Information Technology. In green mobility, the company launched two key initiatives, partnership with talabat Oman for e-bike last-mile delivery solutions, and the Hydrogen-based transportation projects supporting Oman's National Green Corridor initiative,' he added. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
28-03-2025
- Automotive
- Observer
OOMCO's biodiesel sales top 2 million litres in Oman during 2024
MUSCAT, MARCH 28 Underscoring growing, domestic customer demand for alternative fuels, leading fuel marketing company Oman Oil Marketing Company SAOG (OOMCO) has revealed that it achieved sales of over two million litres of biodiesel in Oman during 2024. It marks the first successful year of commercial-scale biodiesel sales by a fuel marketing company in Oman. In 2023, publicly listed OOMCO, part of OQ Group, became the first fuel retailer in the country to launch biodiesel as a low-carbon alternative to conventional diesel. Well-known Omani start-up Wakud, which operates the country's first biodiesel refinery at Khazaen Economic City, is a key supplier of the low-carbon diesel to OOMCO. Typical corporate customers for biodiesel in Oman are oil and gas companies with large passenger and freight transportation fleets, operators of heavy machinery used in mines and quarries, shipping and marine companies, trucking and logistics firms, and a growing number of public and private sector firms demonstrating their commitments to sustainability. 'In 2024, OOMCO successfully sold over 2 million litres of biodiesel (B5 and B20) to meet growing customer demand for alternative fuel solutions,' said Tarik bin Mohammed al Junaidi, Chief Executive Officer, in the company's 2024 MDA report. B5 and B20, the most popular brands, represent a blend of 5 per cent and 20 per cent of pure biodiesel with 95 per cent and 80 per cent respectively of petroleum diesel. Significantly, the domestic uptake of biodiesel – while minuscule compared to the Americas, Europe and Southeast Asia – is still notable, given the relatively nascency of the clean fuels market in Oman. A small handful of biodiesel producers in Oman, who mainly use waste cooking oil as raw material, find themselves up against a major cost-disadvantage. With conventional diesel marketed with an in-built government-provided subsidy, the only takers for premium-priced biodiesel are predominantly companies committed to ESG standards and Net-Zero goals. The successful introduction of biodiesel is one of several initiatives launched by OOMCO in support of national carbon reduction efforts. Also during 2024, solar energy systems were installed at 12 service stations operated by the company, generating around 1.9 GWh of clean electricity, while reducing 1,350 tonnes of CO2 emissions. In addition, OOMCO has successfully installed a total of 23 Vapour Recovery Units (VRUs), which capture fuel vapours during loading and unloading of fuel at service stations. These units helped reduce around 1,242 tonnes of CO2 emissions. Leveraging its extensive network of service stations – numbering 237 across the country – OOMCO's joint venture, EVO, expanded the roll-out of charging stations. By the end of the year, a total of 133 charging points had been installed at 66 locations, including along major highways, around Oman. According to Al Junaidi, CEO, green hydrogen-based initiatives were also unveiled in 2024. 'Further reinforcing its role in green hydrogen development, OOMCO was awarded a strategic position as a hydrogen producer, in collaboration with the Ministry of Transport, Communications and Information Technology. In green mobility, the company launched two key initiatives, partnership with talabat Oman for e-bike last-mile delivery solutions, and the Hydrogen-based transportation projects supporting Oman's National Green Corridor initiative,' he added.
Zawya
12-03-2025
- Business
- Zawya
Oman: OOMCO to deliver clean energy to Port of Duqm
MUSCAT: As part of its strategy to position itself as a gateway for clean energy, Port of Duqm Company has signed a Memorandum of Understanding with Oman Oil Marketing Company (OOMCO) to explore and develop options for implementing solar energy systems, biofuels and electric vehicle (EV) charging stations at Port of Duqm. This agreement aligns with Oman Vision 2040 and the nation's ambitious goals of achieving carbon neutrality by 2050, contributing to the development of sustainable infrastructure and the transition to renewable energy in the Sultanate of Oman. The MoU was signed by Reggy Vermeulen, CEO of Port of Duqm Company and Tariq Mohammed al Junaidi, CEO of Oman Oil Marketing Company, in the presence of Eng Hashim Taher al Ibrahim, Chief Business Support Officer and Mohammed Hassan al Mujaini, Deputy General Manager for Occupational Health, Safety, Quality and Sustainable Development at Oman Oil Marketing Company. On this occasion, Reggy Vermeulen, CEO of Port of Duqm Company, stated: "We are committed to developing sustainable energy solutions at the port and this agreement strengthens our efforts towards achieving an environmentally friendly operational environment that aligns with Oman Vision 2040. Our partnership with OOMCO will open new avenues in the clean energy sector, contributing to the transformation of Port of Duqm into a sustainable logistics gateway at both the regional and international levels." Tariq Mohammed al Junaidi, CEO of Oman Oil Marketing Company, commented: "At Oman Oil Marketing Company, we are committed to providing innovative and sustainable energy solutions beyond fuel. Our advancements in solar energy, EV charging infrastructure and biodiesel support Oman's transition to clean energy. This MoU with Port of Duqm marks a key step in enabling the port to optimise energy use, reduce carbon emissions and enhance sustainability. It also allows us to expand the reach of our green solutions, reinforcing our role in driving a more sustainable future for Oman." This collaboration will enable Port of Duqm to enhance its operational efficiency, reduce carbon emissions and serve as a model for the development and operation of sustainable ports. Moreover, it represents a key step in establishing Duqm as a gateway for green and clean energy. By adopting renewable energy solutions such as solar power and biofuels, Port of Duqm will become a central hub for sustainable shipping, storage and transportation operations, reinforcing its position as a leading destination in the transition to a low-carbon economy and supporting national efforts to achieve carbon neutrality. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
