OQ
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Name in Arabic:
شركة أوكيو
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Country:
Oman
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City:
Muscat
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Address:
Muscat
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Email:
[email protected]
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Email:
[email protected]
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P.O.Box:
241
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Website:
https://oq.com/
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Zipcode:
118
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Founding Date:
1996
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General information
OQ Company was established in 1996 in Oman and was previously known as the Oman Oil Company until 2020.
It is a government-owned company that constitutes the Sultanate's investment arm in the oil and gas sector and related energy fields. It represents the new identity following the merger of nine companies, namely Oman Oil Company, Orpic, Oman Oil Company Exploration and Production, Oman Gas Company, Duqm Refinery, Salalah Methanol Company, Oman Trading International, OXEA, and Salalah Liquefied Petroleum Gas.
The company operates in 13 countries worldwide, covering the entire value chain in the hydrocarbon sector from exploration and production to the marketing and distribution of end-user products. Its fuels and chemicals are sold in more than 60 countries worldwide.
The company operates through four main pillars that manage the company's assets and investments. The company also oversees the management of foreign assets through its international investments unit.
The company is the sole owner of Abraj Energy Services Company in Oman and it owns 90% of the capital of Oman Tank Terminal Company (OTTCO) and Duqm Petroleum Terminal Company in Oman.
It is a joint venture partner in Oman in: Oman India Fertilizer Company (OMIFCO) and Tatweer Energy with a 50% share in the company's capital. It is a joint venture partner in Gulf Energy Maritime Company (GEM) in the United Arab Emirates with a 30.4% share in the company's capital.




