How is Gulf Energy currently positioned in the market?
We are well positioned in Oman as an industry-leading provider of integrated energy services and solutions and plan to increase our footprint in new countries and enlarge our customer portfolio. We are a customer-centric company; customer satisfaction is at the center of everything we do. We deliver fit for purpose technologies and solutions with best-in-class service. Today, we are growing and exporting our capabilities to the GCC with a major focus on Qatar, KSA, and Kuwait, where there is a huge growth potential and employment opportunities for Omani nationals. Gulf Energy has a solid foundation in drilling and production services, and we want to continue to expand our capabilities by adding more services. We have a strong partnership with many technology providers worldwide who want to introduce their technologies to Oman and the region through Gulf Energy.
How are you working to increase your manufacturing capabilities in Oman?
We believe in building local capabilities alongside our local partners. We continue to build up our in-country value (ICV), and this includes employing nationals as well as forming real partnerships with technology providers through joint ventures. One of the successful ICV stories from Gulf Energy is the fishing and milling tools manufacturing facility, which is becoming the foundation for future R&D. The facility is equipped with the latest technologies and is run by local manpower, which localizes knowledge and services delivered. We are also working on a new manufacturing facility for cementing and casing accessories in Nizwa. Today, these products are imported, and the manufacturing capacity for this facility is expected to cover the needs of Oman and the region. All this will also create more employment opportunities for Omanis and open new horizons in manufacturing capabilities for Oman.
How are you focusing on improving operational efficiency?
Gulf Energy has been a player in supporting the industry and a force for efficiency. We work closely with our customers, improving operational efficiency by providing conventional and unconventional solutions. We are developing and providing the latest technology for our clients according to their requirements. We also want to create a high-performance culture to maintain a sustainable staffing profile in a bid to achieve and improve our operational efficiency.
What are your plans and objectives for the coming five years?
We have plans to export different types of solutions and new technologies to Oman and the MENA region. This is to enhance, improve, and resolve today's oil and gas technical challenges. In five years, we plan to make Gulf Energy the center of excellence for drilling services. We look forward to gradually improving efficiency by using the data we have collected over the several years we spent running this business.