Entity

OQ brings together the legacy of nine business units combining a diverse set of expertise and talents. Merging agility, innovation and technology, we develop game-changing specialty solutions for consumers across the entire energy value chain.

18^th Dec 2019 (Source)

Oman's government has announced further details of its planned integration of state-owned oil company OOC, refiner Orpic and seven other domestic energy firms.

A new entity, OQ, will be set up to integrate the operations of the companies. This is the latest step forward in the Nakhla integration programme that was launched late last year, shortly after OOC and Orpic announced plans to merge their downstream and upstream operations.

OQ will comprise OOC, Orpic, OOC's upstream arm OOCEP, Oman Gas (OGC), Duqm Refinery and Petrochemicals Industries (DRPIC), Salalah Methanol (SMC), Oman Trading International (OTI), oxo intermediates and derivatives producer Oxea, and Salalah Liquified Petroleum Gas.