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OQ Strengthens Water Security Portfolio with New PP Random Pipe Grade Along with 17 New Products at K 2025
OQ, Oman’s global energy investment group, today announced the launch of its latest polymer innovation, Luban RP6207B, a polypropylene random copolymer (PPRC) grade engineered for hot and cold-water distribution pipes. The new grade will debut at K 2025 in Düsseldorf, alongside 17 new PP and PE polymer solutions, marking OQ’s largest-ever product showcase at the world’s leading plastics and rubber trade fair.
OQRPI to spotlight decarbonisation framework and industry leadership at GDA IDCE 2025 in Bahrain
OQ Refineries and Petroleum Industries (OQRPI), a subsidiary of OQ, Oman’s global energy investment group, is set to participate as a Diamond Sponsor at the Gulf Downstream Association’s International Downstream Conference & Exhibition (IDCE 2025).
OQ anchors Oman’s market dialogue at Capital Markets Day and MEIRA, reinforcing investor confidence and driving sustainable financial transformation
OQ, Oman’s global energy investment group, convened more than 200 institutional investors, analysts and market leaders at its inaugural Capital Markets Day (CMD), the first of its kind in Oman, on 23 September in Muscat, before taking centre stage as Mega Sponsor of the Middle East Investor Relations Association (MEIRA) Annual Conference 2025 hosted in Muscat on 24–25 September.
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.
OQ SAOC Reports Strong 2024 Results: Driving Sustainable Transformation in the Energy Sector
OQ SAOC announced a Net Profit of OMR 1.2 billion (USD 3 Billion) in its 2024 standalone financials, attributed to strong overall business performance and strategic divestments of certain assets.
OQ Introduces Luban LL-8446.21: Advancing Water Security
A Durable and Sustainable Solution Supporting Water Security and Community Needs
OQ Exploration and Production Shares Listed on Muscat Stock Exchange as the largest listed company
The Muscat Stock Exchange (MSX) celebrated the listing of OQ Exploration and Production’s (OQEP) shares on 28 October 2024, marking the commencement of public trading following an Initial Public Offering (IPO) of 25% of the company’s share capital. With a market capitalization of more than OMR 3 billion, OQEP has become the largest company listed on the MSX and the first exploration and production company to achieve this. This milestone reflects efforts to diversify the MSX offerings and include key players from across Oman’s economic sectors.
OQ Breaks Ground on Strategic Fuel Storage Project in Musandam
OQ, the global integrated energy group, has today laid the foundation stone for its Strategic Fuel Storage Project in Musandam. The project, with an investment of over OMR 78 million (approximately USD 204 million), was inaugurated under the auspices of His Excellency Ibrahim Said Al Busaidi, Governor of Musandam, and in the presence of local dignitaries and officials.