The Oman Construction Company (TOCO) LLC, a leading industrial services company in Oman, wishes to provide an update on the change of its ownership and shareholding structure. With effect from 23rd June 2021, TOCO has become a fully owned subsidiary of Arabian Industries Projects LLC and Arabian Industries LLC, who will replace Oil & Gas Investments Ltd (Guernsey) as the ultimate parent company with 100% shares ownership.
TOCO will continue to operate under the existing leadership and management team. No changes are anticipated with regards to the operating structure and delivery model of the company. Existing contracts and supply chain agreements will be unaffected by this change.
TOCO is proud to become a 100% Omani owned company and looks forward to building both its current and future client base with HSE and Quality as its core pillars supported with development of its local workforce.
– ends –
For more information contact:
Sreejith Kesavan
+968-24590355, Extn 114
