MUSCAT – The mission is a key milestone for Oman’s maritime business, strengthening nationwide industrial and maritime capabilities by localizing high-value marine property.
The signing ceremony was held beneath the patronage of His Excellency Abdulsalam Mohammed Al Murshidi, Chairman of Oman Funding Authority (OIA).
The ceremony was attended by Hamed Mohammed Al Numani, CEO of Oman LNG; Ahmed bin Ali Al Balushi, CEO of Asyad Drydock and Infrastructure Companies at Asyad Group; and Karim Cordahi, Govt Director for the Center East and North Africa at Svitzer.
This mission builds on the long-standing partnership between Oman LNG and Asyad Group, based mostly on shared roles throughout Oman’s vitality, logistics and maritime ecosystem. It takes this partnership past operational, marine and logistics providers right into a extra superior part of business collaboration. The mission additionally displays Oman LNG’s give attention to In-Nation Worth and the technical capabilities of Asyad Drydock.
On this event, His Excellency Al Murshidi commented: “This mission signifies a pivotal new part of integration inside our nationwide funding ecosystem. It underscores our strategic crucial to localize the development and execution of strategic property in Oman. The choice of Asyad Drydock for this essential marine asset is a testomony to the superior state of the nationwide industrial capabilities. Moreover, it demonstrates the profound confidence our nationwide corporations place in native platforms to ship high-value property that meet essentially the most exacting worldwide requirements. This initiative is in direct alignment with OIA’s mandate to channel investments into sustainable industrial ecosystems that improve in-country worth and foster the long-term, strong development of our nationwide economic system.”
On his flip, Hamed Mohammed Al Nu’amani, CEO of Oman LNG, mentioned: “From the beginning, Oman LNG was clear that constructing the tugboat domestically, supported by Asyad Group’s funding, ought to transcend delivering an operational asset. It ought to strengthen our nation’s maritime legacy and join it to our enterprise. That’s the reason Asyad has all the time been our strongest accomplice. By making native building a core contractual requirement, we ensured the mission contributes on to nationwide functionality constructing and information switch. It additionally helps future development linked to the marine and shipbuilding industries. That is absolutely aligned with our agency dedication to In-Nation Worth.”
He added that this mission underscores the rising confidence positioned in Asyad Drydock’s profound technical experience, state-of-the-art infrastructure, and extremely certified nationwide skills. It serves as a robust demonstration of the corporate’s functionality to execute advanced ship restore, shipbuilding, and main marine engineering initiatives in Oman, persistently adhering to the best worldwide requirements.
For his half, Ahmed Ali Al Balushi, CEO of Asyad Drydock and Infrastructure Companies at Asyad Group, acknowledged: “Asyad Drydock serves as a nationwide industrial platform for localizing the development of high-value marine property in Oman. We’re guided by a sustainable method aimed toward maximizing native content material. Th mission is deliberate to attain 50 % native content material. In 2025, our whole native expenditure reached roughly RO 46 million, of which RO 7.777 million was directed to native SMEs. This underscores our unwavering dedication to empowering nationwide companies and strengthening native industrial capabilities.”
This initiative, he affirmed, additionally displays Oman LNG’s method to turning In-Nation Worth commitments into measurable outcomes. It does so by embedding ICV into contracts and working fashions to maximise native financial affect and generate jobs, as Omanisation amongst service and enterprise companions has exceeded 85%. As well as, 79 % of whole provide chain spending has been directed to domestically registered corporations.
