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Oq Exploration And Production (Oman)

Main Activities: Support Activities for Oil and Gas Operations
Full name: Oq Exploration And Production Profile Updated: December 12, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Comany's main activity is Exploration and Production in Oil Gas Field.
The Comany Established in 20, May,2009 in Muscat,Oman.
The Comany is a subsidiary of OQ Group SAOC, the global integrated energy group, specializing in the upstream industry focusing on operated assets and joint ventures.
The Comany s objective is to contribute significantly to support the Sultanate of Oman's strategic long-term shift towards energy transition, focusing on local assets to monetize Oman s hydrocarbon reserves. Currently, OQEP s operated assets include Block 60, Block 48, Musandam Gas Plant and Block 8 which is operated by Musandam Oil and Gas Company (MOGC).
The Comany s commitment to sustainability and HSSE are its key drivers to operational excellence. Throughout its journey, the company devotes cutting-edge technologies to track performance and elevate decarbonization performance.
The Company is listed on muscat stock exchange on 28, October, 2024.
The Parent Company was a limited liability Company till 31 December 2023. On 30 July 2024, the Parent Company transferred from a limited private company to a closed joint stock company. Subsequently, the Parent Company has initiated the transformation from a closed joint company to a public joint stock company.

Headquarters
Knowledge Oasis, Al Seeb Grand Mall, P.O. Box 200
Muscat; Musqat; Postal Code: 102

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Website: http://oqep.om/

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 13, 2026
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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75%
Subsidiaries
Abutubul Llc
Alizz Gas Development Llc
Almajd Gas Development Llc
Company Performance
Financial values in the chart are available after Oq Exploration And Production report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency OMR. Absolute financial data is included in the purchased report.
Net sales revenue
-12.32%
Total operating revenue
-11.53%
Operating profit (EBIT)
-9.34%
EBITDA
-3.53%
Net Profit (Loss) for the Period
-12.96%
Total Assets
-17.22%
Total Equity
3.93%
Operating Profit Margin (ROS)
1.28%
Net Profit Margin
-0.27%
Return on Equity (ROE)
-4.82%
Debt/Equity
-1.5%
Quick Ratio
1.23%
Cash Ratio
0.88%

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