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 Marketing Company reports minor damage following storage tank attack

05/03/2026

The Oman Oil Marketing Company (OOMCO) has formally announced that one of its fuel storage tanks on March 3 the subject of an incident. In a statement released on March 4, the company confirmed that

Muscat Daily

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

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 0.47 0.00 (0.00%)
OTEL 1.54 -0.01 (-0.65%)
OQGN 0.27 -0.01 (-3.58%)
ABRJ 0.47 0.00 (0.00%)
PHPC 0.22 0.00 (0.00%)
Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia