OQ (company)

OQ
Company typeGovernment-owned
IndustryOil and gas
Founded2019 (2019)
FounderGovernment of Oman
Headquarters,
Key people
Mulham Basheer Al Jarf (Chairman)
Said Abdullah Al Hatmi (Deputy Chairman)
Ashraf Hamed Al Mamari (Group CEO)
Products
  • Polypropylene
  • polyethylene
  • intermediates
  • derivatives
  • refined products
OwnerGovernment of Oman
Websiteoq.com

OQ, formerly known as Oman Oil Company, is an energy investment company headquartered in Muscat, Oman. It is a wholly owned subsidiary of the Government of Oman through the Oman Investment Authority.

OQ is involved in sectors such as infrastructure and transportation for energy, oil refining, petrochemical production, oil marketing, and power generating. It operates in 17 countries.[1][2]

As of June 2022, OQ produces more than 218,000 barrels of oil per day.[3]

  1. ^ "OQ posts $777mn profit for H1, revenues surge to $10bn". Muscat Daily. 2021-11-20. Retrieved 2023-03-29.
  2. ^ Rahman, Fareed (2021-12-07). "Saudi Aramco's trading arm signs agreement with Oman's OQ on new opportunities". The National. Retrieved 2023-03-29.
  3. ^ "OQ Group produces 218,000 barrels per day of oil". Times of Oman.