Abundance of oil in the GCC has provided countries within the region with large amount of wealth. This has enabled countries in the GCC to achieve economic progress, especially in the 21st century. As one of the oil rich countries in the GCC, Oman has been economically dependent on oil and gas as a major source of its revenues for a long time. The Omani government has recognized how dependent the economy has been on the oil sector and is implementing a number of programs to help diversify development. The implementation of the In-Country Value (ICV), together with the country’s Local Workforce Development Programme has defined a curriculum that sets the required skills and standards not only within the oil and gas industry but also within other sectors.

Abundance of oil in the GCC has provided countries within the region with large amount of wealth. This has enabled countries in the GCC to achieve economic progress, especially in the 21st century. As one of the oil rich countries in the GCC, Oman has been economically dependent on oil and gas as a ...