Environmental, Social and Governance

As a young company, Masirah Oil Ltd aspires to do its part in the areas of environmental, social and governance (ESG). Besides taking a serious view on Health, Safety, Security and Environment (HSSE) management, the company has also participated in various community related activities.

In 2022, a total of 4,800 hours on occupational health and safety training were conducted for employees in Oman. This included third party contractor training on electrical hazards, isolation and lockout/tagout (“LOTO”) procedures to ensure that equipment is shut down, inoperable, and (where relevant) de-energised, as well as food safety awareness. Other training include personnel hygiene, cleaning, control of physical, chemical and biological hazards as well as ergonomic risk.

Since the start of its operations in 2020, Masirah Oil has conducted joint emergency drills with local authorities. The objective of the exercises was the protection of crew on board both the jack-up barge and vessel, as well as hostages in case of terrorism. Routine weekly and monthly emergency simulations are also conducted on the Mobile Offshore Production Unit (“MOPU”) and the floating storage and offload unit (“FSO”).