Omanoil named the Sultanate’s third largest company at the OER top 20 Awards

Press release
Published May 16th, 2016 - 11:22 GMT

During the event
During the event

Oman Oil Marketing Company (omanoil) was recognized as one of the Sultanate’s most successful companies for the fourth year in a row after being honored as the third largest company on the Muscat Securities Market (MSM) during this year’s Oman Economic Review (OER) Top 20 Awards. The accolade comes as a testament to the company’s continuous commitment to excellence, growth and dedication to deliver quality to customers throughout Oman.

Accepting the award on behalf of the company, Hussain bin Jama Al Ishaqi, General Manager for Retail, Fuel Card and Regional Offices, commented, “As a proud home-grown brand, our aim has always been to lead the industry in quality and service excellence, leveraging the power of ideas to spur growth. This approach has enabled us to remain aligned with the Sultanate’s ambitious vision and make significant contributions to its social and economic development. It is an honour to be recognized and we look forward to maintaining the strong work ethic and customer loyalty that has led us this far.”

The OER’s rankings assess the Sultanate’s corporate sector based on financial indicators including growth of profit, earnings per share, and share price growth. Only Oman’s 20 largest company’s listed on the MSM receive a coveted Top 20 Award.

Formed in 2003, omanoil is considered one of the Sultanate’s largest domestic brands with a footprint that has rapidly grown a cross the length and breadth of the country. With a service network that includes 176 filling stations and 103 Ahlain stores, omanoil’s ambitious expansion has allowed the company to meet the needs of customers in every part of the Sultanate.

Background Information

Oman Oil Marketing Company

Formed in October 2003, Oman Oil Marketing Company with the brand name omanoil is envisaged to be the future prominent player in petrol and lubricant retail in Oman. Today Oman Oil Marketing Company SAOG is involved in the marketing and distribution of fuels and lubricant products and operates in the sectors of fuel retailing, direct (bulk) fuel sales to Government and the Commercial sector, lubricants, aviation refueling and storage and distribution.

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