Business

bp Oman signs five social investment initiatives

 
MUSCAT: bp Oman signed on Monday five agreements kicking off its new cycle of social investment programmes for 2022/2023. The event was under the auspices of Said bin Mohammed al Saqri, Minister of Economy. The new programmes aim to deliver on Oman’s 2040 objectives and bp’s sustainability aims of improving people’s lives.

Said bin Mohammed al Saqri, the Minister of Economy commented: “The sustainable development of Oman is crucial in ensuring our society and local economy continues to flourish. These programmes are great examples of how we can help serve local capabilities in a way that drives our economy forward.”

The programmes will focus on energy sustainability, enterprise development and education. One programme will provide renewable energy sources to 50 farms in effected areas by cyclone Shaheen, in partnership with Nafath. This delivers on bp’s aim 11 of providing cleaner energy and aligns with Oman’s 2040 vision of protecting the environment.

The second programme focuses on enhancing the wellbeing of the communities affected by the cyclone Shaheen in line with bp’s aim of enhancing wellbeing. This agreement is in partnership with bp’s existing partner Outward Bound Oman.

Yousuf al Ojaili, bp Oman president said: “Through our five new programmes, we are committed to delivering bp’s sustainability aims to help create a safe and sustainable environment for people and our planet as well as Oman’s 2040 vision. We are excited to collaborate with our new social investment partners and we would like to thank OQ, PTTEP and Petronas; our joint venture partners at Block 61 for their continuous support.”

To further advance bp’s diversity and inclusion agenda, the third programme will focus on delivering educational workshops for people with hearing disabilities, in collaboration with the Al Tawasul institute. The fourth programme is “Mahtat” in partnership with Al Masarah Youth. It aims to train electrical engineering graduates and grant them a license to practice electrical work. This delivers on bp’s aim 12 of a just transition and is in line with Oman’s 2040 vision priorities.

Finally, bp signed with Tawasul to launch the fourth cycle of the Mulhimat programme which focuses on supporting female Omani entrepreneurs.