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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OQ

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

OQEP buys Mitsui stake in Oman’s Block 27
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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Petronas secures stake in Oman offshore block
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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Towards an integrated clean energy ecosystem for Oman - Ghalib-AL-MAAMARI - OQ Alternative Energy
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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Driving low-carbon steel in Oman - Harssha-SHETTY - Jindal Steel Sohar - Oman
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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Oman Trading Intl in Bangladesh LNG deal
NEWS
Oman - April 24, 2018

Oman Trading International, majority-owned by Oman Oil Company (70%), has finalised a contract to export 1 million tonnes per year of LNG to Bangladesh, international…

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Saipem in Oman refinery deal
NEWS
Oman - February 15, 2018

Saipem has received a USD 750-million EPC contract to work on the Duqm refinery in Oman, the Italian EPC firm announced on Thursday.

“We welcome with particular…

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Kuwaiti firm closes Oman refinery deal
NEWS
Kuwait - January 15, 2018

Kuwait Petroleum International (KPI) has completed its purchase of a 50% stake in Oman’s Duqm refinery, local media reported on Sunday.

On April 10, 2017,…

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Eni signs Oman EPSA, sells stake to QP
NEWS
Oman - November 14, 2017

Eni signed an Exploration and Production Sharing Agreement (EPSA) for Block 52 offshore Oman and farmed out a 30% interest to Qatar Petroleum (QP), the Italian major…

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BP starts up Khazzan gasfield
NEWS
Oman - September 25, 2017

Super-major BP has brought the onshore Khazzan tight gas project in Oman on stream, the company announced on Monday.

“The start of production from Khazzan, BP’s…

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OOCEP in $1-bln financing deal
NEWS
Oman - September 19, 2017

Oman Oil Company Exploration and Production (OOCEP) has sealed a USD 1-billion finance facility deal with global financiers including Credit Suisse and ING, local media…

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Duqm Refinery EPC packages awarded
NEWS
Oman - August 07, 2017

Three EPC packages for the Duqm Refinery have been awarded, Omani media reported on Saturday.

A first package, for building the refinery’s main processing plants,…

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Interview
Abu Dhabi - June 16, 2017

Yves Kervren, managing director onshore/offshore in the Middle East at TechnipFMC, talks to TOGY about the company’s recent activities in Abu Dhabi and the merger…

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