The Journey of ICV
In an effort to maximise the industry’s contribution to social and economic development in the country, the Ministry of Energy and Minerals decided to form the In-Country Value (ICV) committee marking the beginning of the journey of ICV. The objectives behind setting up the committee was to group government representatives and executives from the oil and gas sector, with a key role in providing guidance and governance to ICV development in Oman and raise opportunities while coordinating the efforts of the industry.