The Business Year

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OMAN - Energy & Mining

Hamed Abdulaziz Al Kharusi

CEO & Co-Founder, Purity Energy

Bio

The Co-Founder & CEO of Purity Energy Company, Hamed Abdulaziz Al Kharusi holds a bachelor’s degree in oil and gas engineering from Sultan Qaboos University. With a rich background of over 18 years in the energy sector, his expertise encompasses management, leadership, project management, business development, and market intelligence analysis. Al Kharusi has worked across diverse regions, including Norway, Qatar, Saudi Arabia, Kuwait, the UAE, and Oman.

"We started in 2018 as a unique company providing solutions for energy and adhering to environmental responsibility."

What was the inspiration behind creating Purity Energy?

We started in 2018 as a unique company providing solutions for energy and adhering to environmental responsibility. We decided to be different, following three mission statements; to provide new technology, offer unconventional solutions, and develop sustainable plans. It is a challenge to provide solutions as we create or save energy, directly or indirectly. We focus on the gap that the energy sector needs to fill, tackle the issues, and solve them immediately. We provide technology associated with sustainability and clean energy, such as water management. Oil production invariably accompanies water production, and our innovation involves harnessing solar energy to facilitate the evaporation of water for disposal, a departure from conventional energy-intensive method. Additionally, our focus on well integrity not only conserves energy but also elevate productivity, thereby augmenting overall oil production.

To what extent is innovation a part of your operations?

Innovation is our specialty, and the great thing is that we do not have competition because we bring in patented new technology. We deal with R&D offices in Norway, the UK, and Canada to make new technology available and transfer related knowledge to the company. Presently, we collaborate with R&D enterprises to leverage their existing cutting-edge technologies and tailor them to meet the specific demands of the local markets. This stage of our endeavor necessitates a significant upfront investment, a strategic move we firmly believe will yield substantial market advantages, solidify Purity Energy’s prominent standing.

Human capital and local talent are crucial to the growth of any company. How is Purity Energy participating in the policy of Omanization?

There is no question that where technology is concerned, a company needs talent, and the driver of any organization is its people. Focusing on Omanization is a noble goal and a wise transfer of experience. We are focused on the professional class of engineers investing heavily in training. Purity Energy Omanization ratio is 75% and targeted to be 86% by the end of 2024.

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