As a partnership between the academic and private sectors to conduct R&D projects, a successful closeout session of the black powder root cause analysis in Gas Pipeline Network R&D - a Joint Industry-Academic Project (JIAP) between OQ, Oman’s global integrated energy company, Sultan Qaboos University and the University of Technology and Applied Sciences was conducted recently by EJAAD, the Sultanate’s premier platform for energy innovation, in the Research Council building.
Read more on the achievements of Omani Women and Women at OQ. A feature article in Oman Economic Review on Ibtisam Al Riyami, Chief - People, Technology, and Culture at OQ.
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OQ Chemicals was once again recognized for its sustainability management in the supply chain. The corporate division belonging to the OQ Group was rated by the independent international rating agency Ecovadis and achieved gold status for the second time in a row.
OQ Chemicals (formerly Oxea) has successfully completed a recent expansion project at its Oberhausen, Germany site resulting in a 30 percent increase in its global production capacity for isononanoic acid. The project completed at the site is part of the previously announced carboxylic acid expansions in the short and mid-term.
In a remarkable milestone, the Duqm Refinery and Petrochemical Industries Company (DRPIC), Duqm Petrochemical Project announced the award of 12 technology license packages to international technology providers, advancing the Front End Engineering and Design progress towards achieving shareholders’ Final Investment Decision (FID) in 2021.
OQ, Oman’s globally integrated energy company, via its commercial arm OQ Trading, recently signed a three-year agreement with OMIFCO to offtake and trade one million metric tonnes per annum of granular urea.
OQ, Oman’s global integrated energy company, and the office of the Minister of State and Governor of Musandam signed a Memorandum of Cooperation (MoC) to finance the creation of several social investment projects in the Governorate of Musandam.
In 2019, we made considerable progress on our journey towards greater sustainability – in both our large- and small-scale activities.
OQ, the global energy company, has completed the incorporation of international assets Oxea and Oman Trading International (OTI), the final step in an integration process that began in 2018 and ultimately brought nine legacy companies under a single, new brand identity.