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Oman Oil Company S.A.O.C Investing for the future of Oman

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Page 1: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

Oman Oil Company S.A.O.C

Investing for the future of Oman

Page 2: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

Oman Oil Company plays a pivotal role in the country's

diversification efforts and promoting Omani and foreign

private sector investment

• Incorporated in 1996 as a commercial company wholly owned by the Government of the

Sultanate of Oman.

• Oman Oil Company was established to invest in the wider energy sector both locally and

internationally

Develop and invest

in profitable

businesses within

Oman and

internationally

Maximise value

from Oman’s

resources

Create meaningful

employment within

Oman

Grow talent –

business leaders

and professionals

OOC’s mandate has four core elements

2

Page 3: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

We have steadily grown our portfolio to cover 40 investments

spanning 11 countries and diversified across 7 sectors……

3

25%

Oman

Refineries

&

Petroleum

Industries

Om

an

/GC

C

Inte

rnati

on

al

Refining and

Marketing

Base

Petrochemicals Power Shipping Metals / Mining

Exploration and

production

6 investments 6 investments 3 investments 2 investments 4 investments 10 investments

30.4%

20%

40%

30

%

42.5%

50

%

30%

90%

26%

7%

49%

25%

70%

95.2%

Caspian

Offshore

Concession

100

%

Dunga

Concession

20%

Mukhaizna

Concession 20%

Karim Small

Fields 25%

Rima Small

Fields 25%

100% Abraj

Energy

Services

Oman

India

Fertiliser

Salalah

Methanol

Qingdao

Lidong

Chemical GS EPS

Orient

Power

Gulf

Energy

Maritime

Oman

Shipping

Company

Oman Oil

Marketing

Oman

Trading

International

Takamul

Investment

Bharat

Oman

Refineries

MOL

Sohar

Aluminium

Company

Vale Oman

Pelletizing Co.

30%

(3)

UAE Gas

Sales

Abu Tabul

MGP 100%

Block 42

100%

La Seda 1%

Infrastructure

9 investments

25%

100%

10%

7.5%

5%

Oman

Gas

Company

Qingdao

Lixing

Logistics

15%

OTTCO 90%

DPTC 90%

50%

Musandam

Power Plant

70%

Duqm

Refinery

100%

20%

30%

Perpetual

16.3%

Sohar PTA/PET 50%

Page 4: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

OOC’s portfolio is well-balanced by sector as well as by

geography

Investments by sector Investments by geography

37%

14% 2% 2%

16%

18%

10%

Exploration and Production Energy Infrastructure

Power Shipping

Metals / Mining Refining & Marketing

Petrochemicals

Oman, 59%

Hungary,

10%

South

Korea, 1%

Spain, 9%

China, 2%

UAE, 2%

Kazakhstan,

5%

Pakistan, 1%

India, 6%

Portugal, 5% Canada, 0.2%

4 As of Q2 2013

Page 5: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

At OOC, we are passionately committed to people not just

OOC Employees, but the Omani population at large

Human Capital Unit -Takatuf

Human Capital is key to our and the

nation’s growth. Thus, a dedicated

unit was set up to:

• Build and develop human

capital

• Grow local talent

• Identify potential leaders and

accelerate their development

• Improve performance of our

people

• Ensure readiness for future

projects in terms of human

resources

Corporate Social Responsibility

We believe in targeted sustainable

programmes to benefit the community.

Thus, we have:

• Group allocates up to 3% net profit

towards CSR initiatives

• Focused programmes to:

Building capacity

Training for employment

Supporting entrepreneurship

and SMEs.

5

Page 6: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

OOC’s local investment have contributed in creating multi-

regional hubs within the country

Sur

Oman India Fertilizer Co:

• Urea: 1.65 MTA

• Surplus Ammonia: 250 KTA

Salalah

• Salalah Methanol: 1.1 MTA

• Ammonia Production: 360KTA

Rima (E&P)

Karim (E&P)

Mukhaizna (E&P)

Muscat

• Oman Gas Company: >2,300 km pipeline

• ORPIC-MAF Refinery: 110.6KBPD

• Oman Oil Marketing: 144 retail stations

• Takamul

• Oman Shipping Company: 43 vessels

operated

• Oman Oil Exploration and Production

• Abraj Energy Services: 13 rigs

Musandam:

Gas Processing Plant:45mmscf

Power Plant: 100 Mw Sohar • Oman Oil Refineries and Petroleum

Industries Company (ORPIC):

Sohar Refinery: 117 KBPD

Aromatics Plant: 1.01 MTA

Polypropylene Plant: 340 KTA

Sohar Aluminium Company : 370 KTA

Vale Oman Pelletising Company: 9 MTA

Oiltanking Odfjell Terminals : 1.29 million m3

PTA/PET: 1.2 MTA, 500KTA

OAPIL: 48KTA

OARC: 140 KTA

Gulf Specialty Steel Industries:30KTA

Sohar Sulphur Fertiliser: 30KTA

• Duqm

• Duqm Refinery & Petrochemical: 230,000 bpd

• Duqm Petroleum Terminal Company

• Markaz Crude Storage Terminal : Up to 200 million

barrel

• Centralised Utilities Company (Takamul)

Abu Tubul (E&P)

6

Page 7: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

Backup

Projects of over USD 15 Billion will be sponsored by OOC

and its subsidiaries to further support the development of

Duqm

Special Economic Zone: 1777 km3

Strategically located

Fully integrated City

Excellent Infrastructure and logistics

Well planned Industrial Zone

World-class projects

Dedicated international airport

7

Duqm

Refinery Central

Utilities

Liquid

Jetty

Page 8: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

The investment in Duqm refinery and petrochemical complex is

expected to play a key role in Duqm’s industrial transformation

Duqm Refinery & Petrochemical

Complex

• 50:50% JV partnership between IPIC

and OOC

• Integrated complex developed in

phases on 900 Hectare area

consisting of 230,000 barrels per day

refinery, and petrochemicals plant

• Phase 1: target is to start

commissioning by 2018

• Based on crude import & products

export to the international market.

8

Page 9: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

The liquid jetty will act as an important link allowing refined

products to be transported in and out of Duqm

Duqm Petroleum Terminal

Company (DPTC)

• 90:10% JV partnership between

OOC and Port of Duqm respectively

• DPTC will operate the liquid jetty and

the storage terminal

• Phase1: Jetty infrastructure, marine

works for new port basin,

superstructures, Petroleum Coke

storage facilities, associated

buildings and workshops.

• Port is expected to be operational

2017

• Phase 2: Jetty operation and

construction of Terminal storage

facilities.

9

J

Page 10: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

Once fully operational, Ras Markaz is expected to be the one

of the world’s largest single location storage for crude oil

10

Oman Tank Terminal Company

• Located in Raz Markaz 70 km from Duqm

port

• To be veveloped in phases, phase 1 has

been approved

• Storage Capacity = potentially up to 200

million barrel

• Natural Depth of 32m, able to

accommodate VLCC crude ships

• Second export Hub for Oman Crude Oil

via a 440km pipeline (in progress) from

Nahada to Ras Markaz

Page 11: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

Crude oil and gas pipelines are being constructed to

transport oil and gas to the refinery

Pipelines

• Gas pipeline: Construction of 230 km

of 36” pipeline from Saih Nahada to

Duqm Industrial area and construction

of gas supply station with capacity of

5MM sm3 /d. It is expected to be

commissioned by 2016

• Crude Oil Pipelines: Construction of

2 crude pipelines

- 440 KM crude pipeline from Nahada

booster station to Ras Markaz with

handling capacity up to 700,000

bbl/d

- 70 km crude pipeline from Ras

Markaz to Duqm Refinery

11

Page 12: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

Dedicated utilities facilities will be established to serve our

projects

Takamul -Centralized Utilities

• The project will establish a company

to provide a broad range of utilities to

industrial and petrochemical zone.

• It will provide services such as

process and cooling water,

wastewater, steam, power and

industrial gases.

12

Page 13: Oman Oil Company S.A.O.C Investing for the future of Omandownload.sbf.org.sg › DuqmForm › 5_Oman_Oil_Company.pdf• Oman Oil Company was established to invest in the wider energy

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Thank You

For more information, please visit our website: www.oman-oil.com

Oman Oil Company S.A.O.C.

PO Box: 261, P.C.: 118, Qurum, Sultanate of Oman,

Tel: +968 2457 3100,

Fax: +968 2457 3101

Office Hours: Sun -Thurs 7:30AM - 4:00PM GMT +4