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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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 22, 2024
TotalEnergies and OQ have launched the Marsa LNG project in Oman.
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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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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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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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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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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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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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Oman - February 01, 2017
Oman Oil Company (OOC) on Tuesday announced it is in the process of completing shareholder agreements with Kuwait Petroleum International (KPI) for the Duqm Refinery…
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