News and Media

OQ Becomes the First Company in Oman to Integrate UNSPSC Standards in Procurement with Tawreed

OQ, the global energy investment group, achieved a major milestone in procurement transformation by becoming the first company in Oman to integrate the United Nations Standard Products and Services Code (UNSPSC) across both its material master and vendor management systems within the "Tawreed" platform.

OQ, alongside subsidiaries OQAE and MAJIS, inks strategic renewable-energy agreements worth over USD 2 billion to accelerate Oman's clean-energy transition

OQ, the global energy investment group, has signed thirteen strategic renewable energy agreements totaling more than $2 billion during Oman Sustainability Week 2025, demonstrating its leadership in energy sector transformation and national sustainability efforts. The signings took place in the presence of key strategic partners and senior representatives from the investing companies.

OQ Group Launches its 2024 Annual Sustainability Report

OQ Group, the global energy investment group, launched its 2024 annual sustainability report at a ceremony held under the patronage of H.E Eng. Salim Bin Nasser Al Aufi, Minister of Energy and Minerals, on the sidelines of its participation in Oman Sustainability Week 2025. The report reflects OQ’s progress to balance its investments in the energy sector with the preservation of natural resources in alignment with Oman Vision 2040, across four focus areas: transitioning to net zero, safeguarding nature, caring for people, and driving sustainable growth.