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Press Release

MB Holding Group supports SME’s at the Business Opportunities Forum 2014

The MB Holding Group lent it support to Small & Medium Enterprises (SME) at the recently concluded Business Opportunities Forum 2014 held at the Oman Exhibition Centre. The Group was represented by its key subsidiaries MB Petroleum Services (oilfield & drilling services), Petrogas E&P (exploration & production of oil & gas) and United Engineering Services (oilfield and marine engineering services).

MB Petroleum Services (MBPS) also signed a Memorandum of Understanding (MoU) with Compass Oil Services. The MoU was signed by Khamis Al Hinai, GM – Oman, MBPS and Hakim Al Abri, Managing Director, Compass Oil Services in the presence of senior MBPS officials. On the occasion of the signing ceremony, Khamis said, “?As one of the leading oilfield services company in the Sultanate, we support the In-Country Value programme based on strengthening Oman's economy, creating employment for qualified & skilled Omanis, as well as development of small & medium enterprises and Local Community Contractors which started in the year 2000. In taking this a step ahead, we have partnered with Compass Oil Services who will provide us with reliable and cost-effective drilling solutions. We are confident of their capabilities and wish them all the success. ”

Hakim Al Abri, Managing Director, Compass Oil Services, said, “We are happy that a leading oilfield services company such as MB Petroleum Services has partnered with us. As an SME, our focus has always been in providing the best in class services and we will do our best to exceed their expectations.”

The second edition of this forum, in continuation to its first edition held in Northern Batinah Governorate, aims at strengthening the level of cooperation between the large companies in private sector and SME through providing tenders and contracts. Besides the participation of the companies from private sector, this year's forum attracted wide participation from various Arab, East Asia, Africa and European companies giving it a global touch that will remain an attraction point for foreign investors who are interested in establishing trade partnership with Omani businessmen.

The conference was held under the auspices of His Highness Sayyid Haitham bin Tariq Al Said, Minister of Heritage and Culture and organised by the Oman Chamber of Commerce and Industry, Oman Oil Company and Public Authority for Small and Medium Enterprises.


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