Oman’s OQ Trading has signed a new long-term LNG deal with Bangladesh state-owned Petrobangla to supply up to 1.5 million tonnes per annum of LNG from 2026. Under the new government-to-government deal, state-owned OQ will supply at least four LNG cargoes to Bangladesh starting in 2026, further increasing supplies to 16 cargoes in both 2027 […]
OQ
Posted inNews
Inside Oman’s $7 billion Duqm refinery and petrochemicals project
Oman’s massive Duqm refinery project is spread over a 9km square-site in Duqm, on the Arabian Sea coast in the Al Wusta Governorate of Oman, Â approximately 600 km south of the capital city Muscat. The project is operated by Oman’s OQ and will primarily produce diesel, jet fuel, naphtha and LPG. Its feedstock will comprise […]
Posted inEnergy Transition
Oman’s OQ eyes multi-billion clean energy projects
OQ Alternative Energy, the green energy arm of Oman’s OQ Group plans to develop renewable energy projects with a total capacity of around 2 gigawatt (GW) to support the clean energy needs of oil and gas companies, as well as industrial zones, according to a report by Oman Daily Observer. Top officials of the unit […]
Posted inNews
Oman’s OQ to inaugurate Bisat oil field
Bisat oil field is one of the most important projects of OQ Group’s upstream sector
Posted inNews, Downstream
OQ inaugurates $463 million ammonia plant in Salalah
The plant has a production capacity of 1,000 metric tonnes per day of liquid ammonia
Posted inNews
SABIC, OQ to launch major project in Oman
Saudi Arabia’s SABIC, Oman’s state energy company OQ and Kuwait Petroleum International have signed an agreement to develop a petrochemicals complex in the Duqm economic zone, state news agency ONA reported on Wednesday. The complex will consist of a steam cracker and derivative units, and a natural gas liquid (NGL) extraction facility. The special economic […]
Posted inEPC Contracts
Oman’s OQ Gas Network and Gulf Petrochemicals sign deal for maintenance services
The contract scope also incorporates management and execution of minor scale EPC projects
Posted inEnergy Transition, News
Air Products, ACWA Power and OQ sign agreement for green ammonia project in Oman
The joint development agreement that was signed by Air Products, ACWA Power and OQ follows a memorandum of understanding signed in December 2021