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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
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
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
November 30, 2023

OQ Presents Industry Experts at GPCA Forum 2023

Meet the Masters! Our team of industry trailblazers is all set for GPCA 2023. Get ready to rub shoulders with these brilliant minds and harness the power of networking at its finest. Connect, collaborate, and elevate your game alongside these experts. The stage is set, and we can't wait to see you there!

Press release
Corporate Sustainability
October 16, 2023

Over $10 Billion Investment in Duqm by OQ and its Partners

OQ, the global integrated energy group, in collaboration with its partners, has made investments surpassing ten (10) billion American dollars in Duqm. This significant contribution is part of their commitment to leveraging Oman's abundant resources, endorsing the government's economic diversification initiatives, and attracting foreign investments.

Press release
Investor relations
October 15, 2023

Minister of Labour Patronizes the Graduation of 220 Graduates from Employment training Programme at OQ

His Excellency Dr. Mahad bin Saeed Baaween, Minister of Labour, patronized the ceremony organized by OQ, the global integrated energy group, to celebrate the graduation of the tenth cohort of the Employment training programme 2023, which included 220 male and female graduates.

Press release
September 10, 2023

OQ Group boasts $1.1 billion net profit in first half of 2023

OQ, the global integrated energy group, reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of USD 2.3 billion for the first half of 2023. Additionally, the group posted a net profit of USD 1.1 billion and reported total assets amounting to USD 31.2 billion.

Press release
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