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OOMCO awards nine Omani SMEs contracts worth $4 million

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Oman Oil Marketing Company (OOMCO) has signed agreements with nine Omani small and medium enterprises (SMEs), awarding contracts worth OMR 1.45 million (approximately $3.8 million) across multiple sectors, including logistics, technology, infrastructure, and retail.

The agreements, with durations ranging from one to five years, reaffirm OOMCO’s commitment to supporting local businesses, enhancing In-Country Value (ICV), and contributing to Oman Vision 2040.

The signing ceremony took place at OOMCO’s headquarters on February 18, 2025, bringing together representatives from the awarded SMEs. [Read more…] about OOMCO awards nine Omani SMEs contracts worth $4 million

Oman Oil Marketing Company and TFG Marine establish bunker fuel supply joint venture

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Oman Oil Marketing Company (OOMCO) and TFG Marine, the leading international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, have established a bunker fuel joint venture to supply vessels visiting Oman’s ports of Duqm, Muscat and Sohar.

TFG-OOMCO, incorporated in Oman, will combine the local knowledge of OOMCO with the international footprint, sourcing of all grades of marine fuels, infrastructure and logistics capability of TFG Marine, to offer customers a reliable and transparent bunkering provider in the Arabian Gulf.

Tarik Al Junaidi, CEO of OOMCO, says: “This partnership aligns with Oman Oil Marketing Company’s efforts to develop the maritime transport and shipping infrastructure in Oman, which is in alignment with the objectives Oman Vision 2040. [Read more…] about Oman Oil Marketing Company and TFG Marine establish bunker fuel supply joint venture

ANYbotics partners with SLB to advance autonomous robotics operations in oil and gas industry

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ANYbotics, a provider of autonomous mobile robotics, has entered into a long-term preferred partnership with global energy technology company SLB to provide state-of-the-art solutions to the oil and gas industry.

This collaboration will deliver end-to-end robotics services, transforming how oil and gas operators manage inspections, predictive maintenance, and safety globally.

The collaboration between ANYbotics and SLB brings together ANYbotics’ advanced robotic solutions and SLB’s extensive expertise in energy services to revolutionize oil and gas operations.

[Read more…] about ANYbotics partners with SLB to advance autonomous robotics operations in oil and gas industry

Advancements in robotics continue to transform oil and gas operations, says GlobalData

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With the applications of robotics continuously evolving, the oil and gas industry has emerged as a significant adopter of the technology to improve safety and efficiency of operations.

Robots equipped with advanced technologies are yielding increasingly positive results, bringing a continued transformation in the operations of oil and gas companies, says GlobalData, a data and analytics research company.

GlobalData’s latest thematic report, Robotics in Oil and Gas, highlights the role of major oil and gas companies, such as ADNOC, BP, Eni, Equinor, ExxonMobil, Repsol, Rosneft, Shell, and TotalEnergies in the development and adoption of robotics to enhance safety and productivity on the field. [Read more…] about Advancements in robotics continue to transform oil and gas operations, says GlobalData

Empower Your Investment Journey: Oil Profit’s Tailored Learning Solutions

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Investing in financial markets may be both thrilling and daunting. The allure of potential profits is tempered by the complexity and risks involved.

Recognizing the need for accessible and comprehensive education, systems like Oil Profit have emerged, supplying tailor-made study answers to empower investors at every level of their adventure.

In this text, we will explore how Oil Profit’s customized technique for gaining knowledge can help people navigate the intricacies of investing and obtain their economic goals, ushering them into just Visit https://oil-pro-profit.com/ of investment empowerment and understanding. [Read more…] about Empower Your Investment Journey: Oil Profit’s Tailored Learning Solutions

Ask the Expert: Mechanics Answer Your FAQs about Valvoline Restore & Protect

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When it comes to caring for your vehicle’s engine, questions can arise, and it’s always a good idea to seek expert advice.

In this article, we’ve gathered some of the most frequently asked questions about Valvoline Restore and Protect and full synthetic oil, and we’ve asked professional mechanics to provide you with the answers you need. Let’s dive into the world of engine care and unravel the mysteries while addressing your concerns. [Read more…] about Ask the Expert: Mechanics Answer Your FAQs about Valvoline Restore & Protect

Kernel Density Estimation Techniques for Oil Price Distribution Analysis

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Oil prices are a critical economic indicator with far-reaching implications for industries, governments, and consumers worldwide.

Understanding the distribution of oil prices is essential for making informed decisions in energy trading, investment, and policy-making.

One powerful statistical technique for gaining insights into oil price distributions is Kernel Density Estimation (KDE). [Read more…] about Kernel Density Estimation Techniques for Oil Price Distribution Analysis

Hot Oil Flushing for Machinery Reliability: A Step Towards Preventive Maintenance

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Ensuring machines operate smoothly is of paramount importance for numerous companies. When machines break down, it can cause big problems. One way companies can keep machines running well is by doing hot oil flushing.

Hot oil flushing cleans the oil and parts inside machines. It eliminates dirt, metal fragments, and other residues that can accumulate in the oil.

All that gunk and grit can damage machines and make them break if it isn’t cleaned out. Hot oil flushing washes away the dirty stuff before it can cause harm. This proactive approach helps prevent issues before they arise. [Read more…] about Hot Oil Flushing for Machinery Reliability: A Step Towards Preventive Maintenance

Uncovering the Connection between Oil and Agricultural Commodity Prices

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In today’s interconnected global economy, the relationship between oil prices and agricultural commodity prices is significant and complex.

Fluctuations in oil prices have far-reaching effects on production costs, consumer prices, and economic stability, impacting the agricultural sector.

The cost of fuel, derived from oil, for farming machinery, transportation, and irrigation plays a crucial role in determining the overall costs of agricultural production. [Read more…] about Uncovering the Connection between Oil and Agricultural Commodity Prices

Predictions and Challenges in the Next Decade: Oil Trading

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In the face of a rapidly changing global landscape, oil traders must anticipate and adapt to numerous challenges in the coming decade.

This article explores the prediction for the next decade and challenges ahead for oil traders. If you too want to consider oil trading for the future, you must register with Oil Profit to maximize your trading practices. [Read more…] about Predictions and Challenges in the Next Decade: Oil Trading