Overview

Last updated 06/10/2008
Country Oman
Ownership Private
Ownership Type Listed
Organisation Type Joint-Stock
Sector | Sub sector
  • Oil and Gas Operations | Marketing and Distribution
Principal Activities Filling stations; Lube oil production
Date of establishment June 1997
Address PO Box 38
Mina Al Fahal, Oman
Phone +968 24 570200
Fax +968 24 570164

Summary

Last updated 06/10/2008

Shell Oman Marketing Company (SOMC) was established in 1997 with capital of RO 10 million (US$26 million), of which 40 %, in the form of 4 million shares, was floated in July-August 1998. The shares were listed on the parallel market on 15 November 1998. SOMC was set up to buy the operations of Shell Marketing , a subsidiary of the Royal Dutch/Shell Group, and Oman Lubricants Company (OLC), in which the group has a 55 % stake.

Shell Oman Marketing Company SAOG engages in the marketing and distribution of petroleum products, and the blending of lubricants in Oman. It supplies aviation fuel to the aviation industry; and lubricants for commercial, retail, marine, and export businesses. In addition, the company offers various cards for managing fleets. The Company operates a large petroleum fuel storage facility at Mina al Fahal in Muscat, which is equipped to receive and load sea tankers. It also provides fuel storage, handling, distribution and associated services. As of 31st December 2007, SOMC has a network of 124 Shell service stations and operates a network of 52 convenience stores under the brand name of Select throughout the Sultanate of Oman.

Officers

Last updated 18/04/2008
Name Job Title
Andrew Wood Chairman
Salaam Said Al-Shaksi Deputy Chairman
Faisal Khamis Al-Hashar Managing Director

Ownership / Shareholders

Last updated 18/04/2008
Name Country Holding
Public n/a 36.20%
Licht en Kracht Maatschappij Netherlands 20.00%
Shell Overseas Investments Netherlands 20.00%
Nederlandse Internationale Industrie-en Handel Maatschappij Netherlands 8.80%
Civil Service Pension Fund Oman 7.70%
Ministry of Defence Pension Fund Oman 7.30%

Quote

Last 0.000 OMR 0.000 0.00%
Open 0.000 High/Low 0.000/0.000
Volume 0 YR High/Low 2.40/1.55


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