News and Media
Stay up to date with OQ's latest releases and publications.
OQ SAOC Reports Strong 2024 Results: Driving Sustainable Transformation in the Energy Sector
OQ SAOC announced a Net Profit of OMR 1.2 billion (USD 3 Billion) in its 2024 standalone financials, attributed to strong overall business performance and strategic divestments of certain assets.
OQ Introduces Luban LL-8446.21: Advancing Water Security
A Durable and Sustainable Solution Supporting Water Security and Community Needs
OQ Exploration and Production Shares Listed on Muscat Stock Exchange as the largest listed company
The Muscat Stock Exchange (MSX) celebrated the listing of OQ Exploration and Production’s (OQEP) shares on 28 October 2024, marking the commencement of public trading following an Initial Public Offering (IPO) of 25% of the company’s share capital. With a market capitalization of more than OMR 3 billion, OQEP has become the largest company listed on the MSX and the first exploration and production company to achieve this. This milestone reflects efforts to diversify the MSX offerings and include key players from across Oman’s economic sectors.