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August 26, 2024

OQ Celebrates Groundbreaking of Strategic Fuel Reserve Project

OQ, the global integrated energy group, today celebrated the groundbreaking ceremony of the strategic fuel reserve project in the Dhofar Governorate, marking an investment of over 47 million Omani Riyals (equivalent to USD 124 million). The ceremony was held under the patronage of His Highness Sayyid Marwan bin Turki Al Said, the Governor of Dhofar, and attended by various officials and dignitaries from the governorate.

Press release
Investor relations
August 26, 2024

OQGN Celebrates the Inauguration of “Saib Project”

OQ Gas Networks SAOG (OQGN), the exclusive operator of Oman's Natural Gas Transmission Network, celebrated the inauguration of “Saib” Project, an additional gas pipeline in Dhofar Governorate with a length of 208 km. The inauguration ceremony was held under the patronage of HH Sayyid Marwan bin Turki Al Said, Governor of Dhofar, along with government officials, community leaders, OQGN Board of Directors and key stakeholders and contractors.

Press release
Upstream
June 02, 2024

Global Consortium Partners with OQAE for Alternative Fuels and e-NG Project in Oman

Parties comprising OQ Alternative Energy (OQAE) - an OQ Group company, Dutco, Sumitomo Corporation Middle East FZE, Automobili Lamborghini S.p.A and Airbus have formed the OSCAR (Oman Sustainable Cars and Aviation Refuelling) consortium with the aim to study the potential of Oman to produce e-gasoline and e-SAF (Sustainable Aviation Fuels).

Press release
Sustainability
May 27, 2024

​​OQ Launches OQ Digital Hub for Cybersecurity and SAP Training

OQ, the global integrated energy group, inaugurated the OQ Digital Hub under the patronage of Her Excellency Dr Rahma bint Ibrahim Al Mahrouqi, Minister of Higher Education, Research and Innovation.

Press release
Corporate
April 23, 2024

OQ Unveils ICP Grades at Chinaplas 2024, Paving the Way for Sustainable Urban Growth

In response to the diverse polymer demands arising from China's rapid urbanization, OQ, an international energy company headquartered in Oman, is showcasing its latest innovative Impact Copolymer (ICP) solutions at Chinaplas 2024. With these new grades, OQ empowers its customers to develop versatile end products, providing reliable support for the comfort of urban living.

Press release
Polymers Sustainability
April 20, 2024

OQ Group Spends USD 2.825 Bn on Local Businesses and Communities in Al Wusta Governorate

OQ, the global integrated energy group, and its partners have spent USD 2.825 billion on goods and services from local suppliers in Al Wusta Governorate, Oman. This significant contribution is part of the group's unwavering commitment to enriching local markets through a structured and regulatory framework aimed at maximising In-Country Value (ICV).

Press release
Corporate Investor relations
April 03, 2024

OQ Group Reports OMR 970 Million Profit in 2023, with 408 Million OMR in ICV

OQ, the global integrated energy group, released today its financial results for 2023. The company reported a net profit of OMR 970 million.

Press release
Corporate
March 19, 2024

Oman-Jordan Trade Set to Surge in 2024: OQ’s Polymer Exports Spearhead Expansion

OQ’s Luban Polymer Contributions Propel 2023’s $91 Million Export Revenue, Comprising 30% of Total

Press release
Polymers Trading
December 23, 2023

OQ Boosts In-Country Value with Increased Local Spending and SME Support

OQ, the global integrated energy group, has significantly increased its spending on local goods and services through the third quarter of 2023, demonstrating its commitment to enhancing In-Country Value (ICV) and supporting Omani businesses.

Press release
Corporate
December 14, 2023

Tackling global resource security with OQ's latest polymer innovations

Headquartered in Oman, OQ stands out for its diverse expertise as an energy transition enabler across various markets. Excelling in polypropylene (PP) and polyethylene (PE), catering to both flexible and rigid packaging solutions, OQ has announced two major product launches designed to solve industry challenges and provide key sustainability benefits.

Press release
Polymers Sustainability
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