In Country Value (ICV)
MBPS Initiatives to Maximize the ICV Content
MBPS has actively contributed to In‑Country Value (ICV) through a range of initiatives implemented over many years. As one of the leading oilfield services companies based in Oman, MBPS recognizes its responsibility to support national employment, local capability development and sustainable economic growth. The MBPS ICV strategy focuses on supporting local community companies through increased procurement of goods and services as well as improving the development of Omani people and companies. The key aims of the company’s ICV strategy are:
1. Investment in Fixed Assets
2. Omanization in the Workforce
3. Training of Omani’s
4. Development of National Training, Education and R&D Institutions
5. Local Sourcing of the Goods & Subcontracted Services
6. Development of National Suppliers
MBPS Initiatives to Maximize the ICV Content
IMBPS has actively contributed to In‑Country Value (ICV) through a range of initiatives implemented over many years. As one of the leading oilfield services companies based in Oman, MBPS recognizes its responsibility to support national employment, local capability development and sustainable economic growth. The MBPS ICV strategy focuses on supporting local community companies through increased procurement of goods and services as well as improving the development of Omani people and companies. The key aims of the company’s ICV strategy are:
1. Investment in Fixed Assets
2. Omanization in the Workforce
3. Training of Omani’s
4. Development of National Training, Education and R&D Institutions
5. Local Sourcing of the Goods & Subcontracted Services
6. Development of National Suppliers
Investment in Fixed Assets
MBPS has invested in several movable and immovable assets within Oman, including real estate, coiled tubing units, rigs, hoists, well testing packages, vehicles, mud logging units and camps.
Training of Omani’s
MBPS operates an in-house training center supported by training managers across each service line delivering operational training for Omani employees for drilling, workover, drilling fluids, , well testing and clean up, coiled tubing, slickline and memory logging. Over 20 HSE training courses are delivered and our training center is the first training provider in Oman to achieve ISO 29990 certification, reflecting international Standards in professional training design, delivery and performance.
Local Sourcing of the Goods & Subcontracted Services
MBPS locally sources goods and services from over 30 Omani companies and engages LCC’s for subcontracting services to boost Omani businesses and create increased employment opportunities within the Sultanate.
Omanization in the Workforce
MBPS has achieved over 80% Omanization and operates an Omani Graduate Recruitment Program, called ‘TATWEER’, in collaboration with Sultan Qaboos University and Caledonian College.
Development of National Training, Education and R&D Institutions
In addition to internal training programs, MBPS collaborates with a number of external Omani training institutions to enhance the competencies of its employees. MBPS also actively provides training to Omani university students, Omanis working for competitors and clients, and local community contractors (LCC) employees.
