Business Reporter –
MUSCAT, NOV 13 –
Petroleum Development Oman (PDO) has signed a research and development agreement with Muscat University to help resolve some of its complex technical challenges.
The collaboration deal will support PDO’s effort to boost In-Country Value by advancing academic and vocational development and increasing the share of the oil and gas industry’s wealth retained in Oman.
The Memorandum of Understanding (MoU) will also pave the way for students to develop their technical expertise through placements with the Company and the university will collaborate on sharing best practice in the area of Knowledge Management.
The two organisations will also work together to encourage Omani small and medium-sized enterprises (SMEs) and entrepreneurs to carry out their basic technological research, test-proof their conceptual thoughts and innovative ideas and develop early-stage technology in the university’s laboratories prior to any potential future commercial agreements.
PDO will assist with the establishment of a technology centre at the university and its own experts will be given access to these research hubs and run and develop teaching programmes.
The MoU was signed by Professor Yusra Mouzughi, Interim Vice Chancellor of Muscat University, and PDO Technical Director Amran al Marhubi who said: “PDO is working hard with key research partners to establish hubs of technological expertise in Oman which can help
us to address some of our key challenges.
“These collaborations not only give us access to innovative solutions and the best technology and tools but also enable students to learn more about the needs of the Sultanate’s economy and their potential employers.