OQ News & Press Releases

Stay up to date with OQ's latest releases and publications.

Press release
Corporate Downstream

OQ and KPI Reaffirm Strategic Commitment to Oman Petrochemical Project in Duqm

OQ, the global energy investment group, and Kuwait Petroleum International (KPI), the international arm of Kuwait Petroleum Corporation (KPC), have signed a Project Development Agreement of a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD).

February 03, 2026
Press release
Corporate Downstream

Under Its Manufacturing Localisation Initiative and as an Extension of the Ladayn Programme, OQ Signs Two Strategic Agreements Worth Over OMR 230 Million

In a defining step in Oman’s industrial transformation journey, OQ, the global energy investment group, signed two strategic agreements this morning in Muscat with international partners MAK and Deepak, with combined investments exceeding OMR 230 million. The agreements underpin the development of advanced downstream manufacturing projects in Suhar and Salalah, marking a structural shift in the utilisation of domestically produced feedstock.

January 27, 2026
Press release
Corporate Downstream

OQ Refineries and Petroleum Industries Delivers Record Performance in 2025, Strengthening Its Role as a Catalyst for Manufacturing and Value Creation in Oman

OQ Refineries and Petroleum Industries (OQ RPI), a subsidiary of OQ Group, delivered a record performance in 2025 marked by a series of record results in crude oil refining, processing rates and petrochemicals production. This year marked a key milestone in the company’s development.

January 20, 2026
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