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SHELL OMAN STRENGTHENS ITS COMMITMENT TO OMAN VISION 2040 THROUGH NEW COOPERATION AGREEMENT
(MENAFN- Mid-East Info) Muscat, November 13, 2025 – In a shared spirit of partnership and purpose, Shell Oman Marketing Company (Shell Oman) and the Oman Vision 2040 Implementation & Follow-Up Unit (Oman Vision 2040 Unit) have signed a Memorandum of Cooperation (MoC) to advance collaboration in areas that support the nation's sustainable development journey. The signing took place during Oman Vision 2040 Unit's inaugural Partners Gathering held at Crowne Plaza Qurum, marking another milestone in aligning private sector expertise with the Sultanate's long-term aspirations.
The agreement was signed by Lamees Al Lawati, Chief Financial Officer at Shell Oman, and His Excellency Sayyid Dr. Mundhir Al Busaidi, Vice-Chairman of the Oman Vision 2040 Implementation & Follow-Up Unit, in the presence of decision makers, senior officials and partners from different entities. Spanning a period of three years, this MoC will open new pathways for knowledge exchange, capacity building, and public engagement. Through this collaboration, Shell Oman will work closely with the Oman Vision 2040 Unit to share best practices in people and competency development, offer mentoring opportunities to young Omani professionals, and explore specialized training programs led by Shell Oman's experts. These efforts will help strengthen the Unit's capabilities in communications, public outreach, and strategic planning, ensuring that the messages of Oman Vision 2040 continue to reach and resonate with people across the Sultanate. The partnership will enable Shell Oman to further integrate elements of Oman Vision 2040 across its various lines of business and social investment programs, particularly those focused on youth empowerment, sustainability, and community development. In addition, Shell Oman will leverage its extensive national network to amplify the Vision's messages, connecting everyday life with the nation's aspirations for a prosperous and sustainable future. Dr. Mohammed Al Balushi, Chief Executive Officer of Shell Oman stated:“Oman Vision 2040 reflects the hopes and ambitions of a nation united in progress. At Shell Oman, we believe in the power of collaboration, in learning from one another, sharing what we know, and supporting the journey that leads to collective growth. This partnership is about contributing our experience to a vision that belongs to every Omani.” Echoing this sentiment, His Excellency Sayyid Dr. Munther Al Busaidi, Vice-Chairman of the Oman Vision 2040 Unit noted:“The partnership between the Oman Vision 2040 Implementation & Follow-Up Unit and a number of leading institutions, including Shell Oman, exemplifies the synergy between the public and private sectors in advancing the goals of Oman Vision 2040. It reflects a shared commitment to developing national capabilities, exchanging knowledge, and driving the execution of initiatives and projects of strategic value. Such collaborations embody the essence of Oman Vision 2040, fostering a culture of community participation and creating clear pathways for collective contribution toward realizing the nation's aspirations.” This MoC reflects Shell Oman's continued commitment to contributing to the Sultanate's sustainable development journey, working in partnership with national institutions, sharing knowledge, and empowering people to play an active role in shaping Oman's future. -Ends- About Shell Oman Marketing Company Shell Oman Marketing Company is a publicly listed company on Muscat Stock Exchange. Shell Oman operates in a multi downstream-business structure providing Mobility, Commercial, Lubricants, Marine, Bitumen and Aviation fuel products and services in Oman. The company owns and operates the only ISO-certified lubricants blending plant of its kind in Mina Al Fahal that produces Made-in-Oman Shell-branded lubricants for local and regional markets. Shell Oman excels in its commitment to local talent development, with 94% Omanisation rate across its workforce. The Company works to meet the Sultanate's growing energy demands, and contributing to its prosperity in an economically, environmentally and socially responsible manner, by operating safely and ethically and creating sustainable value for the Omani community.
The agreement was signed by Lamees Al Lawati, Chief Financial Officer at Shell Oman, and His Excellency Sayyid Dr. Mundhir Al Busaidi, Vice-Chairman of the Oman Vision 2040 Implementation & Follow-Up Unit, in the presence of decision makers, senior officials and partners from different entities. Spanning a period of three years, this MoC will open new pathways for knowledge exchange, capacity building, and public engagement. Through this collaboration, Shell Oman will work closely with the Oman Vision 2040 Unit to share best practices in people and competency development, offer mentoring opportunities to young Omani professionals, and explore specialized training programs led by Shell Oman's experts. These efforts will help strengthen the Unit's capabilities in communications, public outreach, and strategic planning, ensuring that the messages of Oman Vision 2040 continue to reach and resonate with people across the Sultanate. The partnership will enable Shell Oman to further integrate elements of Oman Vision 2040 across its various lines of business and social investment programs, particularly those focused on youth empowerment, sustainability, and community development. In addition, Shell Oman will leverage its extensive national network to amplify the Vision's messages, connecting everyday life with the nation's aspirations for a prosperous and sustainable future. Dr. Mohammed Al Balushi, Chief Executive Officer of Shell Oman stated:“Oman Vision 2040 reflects the hopes and ambitions of a nation united in progress. At Shell Oman, we believe in the power of collaboration, in learning from one another, sharing what we know, and supporting the journey that leads to collective growth. This partnership is about contributing our experience to a vision that belongs to every Omani.” Echoing this sentiment, His Excellency Sayyid Dr. Munther Al Busaidi, Vice-Chairman of the Oman Vision 2040 Unit noted:“The partnership between the Oman Vision 2040 Implementation & Follow-Up Unit and a number of leading institutions, including Shell Oman, exemplifies the synergy between the public and private sectors in advancing the goals of Oman Vision 2040. It reflects a shared commitment to developing national capabilities, exchanging knowledge, and driving the execution of initiatives and projects of strategic value. Such collaborations embody the essence of Oman Vision 2040, fostering a culture of community participation and creating clear pathways for collective contribution toward realizing the nation's aspirations.” This MoC reflects Shell Oman's continued commitment to contributing to the Sultanate's sustainable development journey, working in partnership with national institutions, sharing knowledge, and empowering people to play an active role in shaping Oman's future. -Ends- About Shell Oman Marketing Company Shell Oman Marketing Company is a publicly listed company on Muscat Stock Exchange. Shell Oman operates in a multi downstream-business structure providing Mobility, Commercial, Lubricants, Marine, Bitumen and Aviation fuel products and services in Oman. The company owns and operates the only ISO-certified lubricants blending plant of its kind in Mina Al Fahal that produces Made-in-Oman Shell-branded lubricants for local and regional markets. Shell Oman excels in its commitment to local talent development, with 94% Omanisation rate across its workforce. The Company works to meet the Sultanate's growing energy demands, and contributing to its prosperity in an economically, environmentally and socially responsible manner, by operating safely and ethically and creating sustainable value for the Omani community.
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