NEWS
Oman - October 22, 2018
Malaysian NOC Petronas has agreed to take a 10% stake in Oman’s giant Khazzan gasfield, the company confirmed on Sunday.
Petronas unit PC Oman Ventures is to…
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Talal AL AWFI
Group CEO
OQ SAOC
As the largest integrated energy group in Oman, the OQ Group has an inherent responsibility to attract investors, especially in the energy industry.
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An integrated energy giant
OQ is the umbrella organisation for all of Oman’s hydrocarbons investments and activities across the the value chain. The company’s branches operate nationally, regionally and globally in sectors such as E&P, refining, chemicals and petrochemicals.
- New entity: OQ was created with the merging of Oman Oil Company, state refiner Orpic and seven domestic energy players – an integration that began in 2018 and continued through 2020.
- Component pieces: the seven firms include upstream player OOCEP, Oman Gas, Duqm Refinery and Petrochemicals Industries, Salalah Methanol, Oman Trading International, oxo intermediates and derivatives producer Oxea and Salalah Liquified Petroleum Gas.
Company website: oq.com
OQ in figures
Countries in which OQ operates:16
Countries where OQ fuels and chemicals are sold:60
OQ features
NEWS
Oman - April 16, 2026
OQEP has agreed to acquire a 35% non-operated participating interest in Oman's Block 27 from Mitsui.
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NEWS
Oman - February 13, 2026
Petronas has signed a new concession deal for offshore Block 18 in Oman, deepening its #upstream collaboration with OQEP.
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Interview
Oman - February 12, 2026
Ghalib Al Maamari of OQ Alternative Energy talks about paving the way for decarbonisation and a balanced energy mix in Oman.
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Interview
Oman - February 10, 2026
Harssha Shetty of Jindal Steel Oman talks about progress towards becoming one of the largest contributors to Oman's non-oil GDP.
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NEWS
Oman - October 19, 2018
Malaysian NOC Petronas has agreed to take a 10% stake in Oman’s giant Khazzan gasfield, international media reported on Thursday.
Unnamed sources told the Wall…
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NEWS
Oman - October 09, 2018
Wood has been awarded a multi-million-dollar contract to provide coker heaters at Oman’s Duqm Refining and Petrochemicals Project, international media reported on…
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Interview
Oman - October 9, 2018
Omani SMEs have been hit hard by the economic downturn and have had to become creative in how they approach the oil and gas industry to survive. So that they may be…
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Interview
Oman - October 3, 2018
Hans Erlings, CEO of Galfar Engineering & Contracting, talks to TOGY about how local companies fare in Oman’s engineering sector, the benefits of working in the oil…
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Interview
Oman - August 14, 2018
Chee Khian Lee, CEO of the Special Economic Zone Authority at Duqm (SEZAD), talks to TOGY about the need to build in-country expertise, the factors investors are…
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Interview
Kuwait - July 10, 2018
Nabil Bourisli, CEO of KPC Holdings (Aruba) Group and president of Kuwait Petroleum International (KPI), talks to TOGY about the strategy of the company’s investment…
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Interview
Kuwait - July 3, 2018
Ahmad Duaij Al Sabah, chairman of the Commercial Bank of Kuwait, talks to TOGY about the positive aspects of competition, the involvement of financial institutions in…
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NEWS
Oman - May 31, 2018
Oman Oil Company is seeking to sell a 10% stake in the giant Khazzan gasfield, one of the country’s largest hydrocarbons assets.
The company is in talks with…
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