Our Sohar Refinery Improvement Project (SRIP) brings OQ’s total capacity to 198,000 bpd, marking a 70% overall growth from our previous fuel production levels to boots our output of diesel, gasoline, kerosene, jet fuel and naphtha.

At OQ, we take pride in our diverse portfolio, with shareholding in more than 50 companies. These investments span the entire energy value chain, from exploration and production to refining, chemicals, logistics, marketing and alternative energy.

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OQ manages direct energy investments within the energy sector such as oil and gas exploration and production, oil refining, petrochemical production, trading, alternative energy, power generation, and infrastructure & transportation for energy.

- Decline as generally driven by lower results in OQ Trading lower commodity prices, OQ RPI lower feedstock and OQ Chemicals lower production levels. Adjusted EBITDA 1 : US$ 2,293 million

OQ, formerly known as Oman Oil Company, is an energy investment company headquartered in Muscat, Oman. It is a wholly owned subsidiary of the Government of Oman through the Oman Investment Authority state-owned enterprise.

Feb 2, 2025 · OQ RPI, or OQ Refineries and Petroleum Industries Company, is a wholly owned subsidiary of OQ, a global integrated energy company based in Oman. OQ RPI is involved in oil refining and petrochemical production, contributing to OQ's diversified portfolio that spans the energy value chain from exploration and production to marketing and ...

OQ Assurance Function has been honoured with the prestigious ‘Building Awareness Champion’ award for 2023 by the Institute of Internal Auditors-IIA (the international auditing standards setting body), encompassing both the Global and Oman chapters.

OQ LPG plant’s production is expected to reach a total of 300,000 MT per annum. The plant holds immense potential in terms of revenue generation, In-Country Value (ICV) and community development.

May 30, 2024 · OQ Refineries and Petroleum Industries Sohar Complex is an active petrochemical complex located in Al Batinah Region, Oman. According to GlobalData, who tracks more than 13,000 active and developing petrochemical plants worldwide, the complex started commercial operations in 2006.