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TruckOman plans facilities in Duqm
February 25, 2015 | 12:00 AM
Dr Mohamed bin Musa Al Yousef said that two plots for the TruckOman Group have been reserved to set up new facilities in Duqm. Photo – Supplied
 
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Muscat: TruckOman plans to establish facilities in Duqm as it foresees bright prospects for this strategically located port town, said a senior official at TruckOman.

TruckOman, a 94 per cent owned subsidiary of Al Yousef Group, is a leading Omani-owned provider of oil and gas logistics services in the Sultanate, and its other activities include supply chain management and total logistics services.

The company offers a wide range of services, which includes heavy lift and transportation, infield rig and camp movements, mobilisation of all oilfield equipment from ports to final location and general transportation and line haulage in addition to warehousing activities such as chemicals and temperature controlled storage and operation of pipe and chemical yards with transport services.
 
It has branches in Muscat, Izz, Nizwa and Nimr apart from Haima, Marmul and Al Jifnain, and Dr Mohamed bin Musa Al Yousef, group chairman of Al Yousef Group and TruckOman Oil & Gas Services, says that the company plans to establish new facilities in Duqm.

"We are going to set up new facilities in Duqm where we have already discussed and reserved two plots for the TruckOman Group," Dr Al Yousef told the 'Times of Oman' in an interview.  According to him, one facility will be inside the free zone and the other one will be outside.



"We believe Duqm will be a very important industrial and free zone area which will serve not only the country in general but also the oilfields because it is central to the northern and southern oilfields. That is why we plan to set up our facilities to provide even better services to our customers."

Dr Al Yousef noted that the facilities are expected to come up in the next 18 months to two years in a 'gradual' manner in line with the growth of the business.

"We expect Duqm to become the central point for import of all goods and machinery and equipment for the oil sector," he said, adding that oil service providers and oil companies will also use Duqm as a base for their operations and imports.

Dr Al Yousef noted that TruckOman has a large client base, which includes Petroleum Development Oman (PDO), BP, OXY, Dalma, Fahud Oil Services, Halliburton and Abraj Energy Services.

With the decline in global oil prices and the increasing costs of oil and gas exploration, TruckOman is determined to enhance the efficiency of its operations in all areas.

The company is working on numerous initiatives to increase the efficiency level, on both small and large scales, said Dr Al Yousef, expressing hope that business will get a boost from new contracts and possible increase in oil prices. 

Despite requests for expansion into foreign markets, Dr Al Yousef says he is not personally interested and wants the activities of TruckOman to be focused inside the country.  "We have a joint venture in Saudi, but it is dormant at the moment and is not operational," he added.

Asked if the company plans to start offering new services, Dr Al Yousef said that TruckOman will remain focused on the supply chain but areas such as warehousing and yard management have the potential for growth. 

To contact this reporter: [email protected]


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