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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SOMO, Lukoil set up trading firm
NEWS
Iraq - May 02, 2017

Iraq’s Oil Marketing Company (SOMO) and the unit responsible for the international marketing and trading of Lukoil crude, Litasco, have reportedly set up a new entity…

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Shell to explore Oman block
NEWS
Oman - April 27, 2017

Oman Oil Company Exploration & Production (OOCEP) signed an agreement with Shell for jointly exploring a block in Oman, the Omani company said on Wednesday.

The…

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Oman to merge oil funds: report
NEWS
Oman - April 24, 2017

Oman is considering a merger of its main sovereign wealth funds, international media reported on Monday.

The move to combine the State General Reserve Fund, the…

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Interview
Abu Dhabi - April 17, 2017

TOGY talks to Emad Elatreby, general manager of Ali & Sons Marine Engineering Factory (ASMEF). Founded in 2009, ASMEF is an Abu Dhabi-based engineering company that…

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Kuwait shuts down Shuaiba refinery
NEWS
Kuwait - March 31, 2017

Kuwait shut down its Shuaiba refinery on Friday, a key step in the implementation of the country’s USD 12-billion Clean Fuel Project (CFP).

The CFP is repurposing…

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Week in review
NEWS
- February 03, 2017

TOGY’s oil and gas coverage of the past week was dominated by Iran’s downstream news and reporting on Indonesia’s Pertamina. There were also a number of Q4 and…

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OOCEP to develop Oman’s block 48
NEWS
Oman - January 31, 2017

Oman Oil Company Exploration and Production (OOCEP) signed an exploration and production-sharing agreement with Ministry of Oil and Gas on Tuesday.

The upstream arm…

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PTTEP sells Omani unit
NEWS
Oman - August 22, 2016

Thailand’s PTT Exploration and Production Public Company (PTTEP) has sold its wholly owned subsidiary PTTEP Oman, the company said on Monday.

Omani exploration and…

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