OverviewSuggest Edit

OQ is a producer, marketer, and distributor of oil, chemical, and energy products. It offers crude oil, bitumen, coke, acids, esters, amines, intermediates, refined products, derivatives, linear low-density polyethylene, polypropylene, end-user products, and more.
TypePrivate
Founded1996
HQمسقط, OM
Websiteoq.com

Latest Updates

Employees (est.) (Dec 2021)2,682
Revenue (FY, 2019)$19 B(-17%)
Cybersecurity ratingFMore
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Key People/Management at OQ

Talal Hamid Al Awfi

Talal Hamid Al Awfi

Group Chief Executive Officer
Tore Myrholt

Tore Myrholt

Director
Sabrina Al Bakri

Sabrina Al Bakri

Acting Chief Financial Officer
Ahmed Al-Azkawi

Ahmed Al-Azkawi

Managing Director
Abdulrahman Al Harthi

Abdulrahman Al Harthi

Chief Assurance Officer
Hilal Ali Al Kharusi

Hilal Ali Al Kharusi

Acting Chief Executive Commercial
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OQ Office Locations

OQ has offices in مسقط, Bay City, Bishop, Houston and in 13 other locations
مسقط, OM (HQ)
OM
Sao Paulo, BR
Av. Jurubatuba, 261 - Jardim Arpoador
Nanjing Shi, CN
288 Zhongshan E Rd, 白下区 Nanjing Shi
Shanghai, CN
100 Century Ave, Lu Jia Zui, Pudong Xinqu
Shanghai, CN
Hong Xin Lu, Minhang Qu
Marl, DE
Paul-Baumann-Straße 1
Show all (19)

OQ Financials and Metrics

Summary Metrics

Founding Date

1996
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OQ Revenue

OQ's revenue was reported to be $19.04 b in FY, 2019 which is a 17.3% decrease from the previous period.
USD

Revenue (FY, 2019)

19.0b

Revenue growth (FY, 2018 - FY, 2019), %

(17.3%)

Net income (FY, 2019)

597.0m

EBITDA (FY, 2019)

2.3b
USDFY, 2018FY, 2019

Revenue

23.0b19.0b

Revenue growth, %

(17%)

EBITDA

2.3b2.3b

EBITDA margin, %

10%12%
USDFY, 2018FY, 2019

Total Assets

29.4b29.5b

Total Debt

11.9b12.9b

Debt to Assets Ratio

0.4 x0.4 x
USDFY, 2018

Debt/Assets

0.4 x
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OQ Cybersecurity Score

Cybersecurity ratingPremium dataset

F

59/100

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OQ Online and Social Media Presence

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OQ News and Updates

Virtual Seminar on Qualification (IQ, OQ, PQ) and Validation of Laboratory Equipment and Systems for Regulated Industries (Pharma, Biotech, Devices)

Dublin, June 29, 2021 (GLOBE NEWSWIRE) -- The "6-Hour Virtual Seminar on Qualification (IQ, OQ, PQ) and Validation of Laboratory Equipment and Systems for Regulated Industries (Pharma, Biotech, Devices)" webinar has been added to ResearchAndMarkets.com's offering. This webinar will aim at understa…

Liquified Petroleum Gas Facility in Dhofar Commissioned

OQ announced today the commissioning of one of Oman’s vital energy extraction projects, the OQ Liquified Petroleum Gas (OQ LPG) facility. Built with a total investment of USD 826 million, OQ LPG is first of its kind gas treatment project in Oman to extract LPG and condensate from OQ’s Gas network.

Oman's OQ expects delays in Liwa petchem, LPG projects on pandemic

Oman's OQ has delayed several downstream projects because of the pandemic, the state-owned integrated hydrocarbon firm said in a bond prospectus and obtained by S&P Global Platts.

OQ announces inaugural bond issuance in international capital markets

In efforts to diversify funding sources, OQ recently announced its inaugural bond issuance in the international debt capital markets. This is a further step towards enhancing OQ’s presence in the international markets and amongst its investors. On this occasion, Talal Al Awfi, OQ’s Group Chief Ex…

Oman's oil firm OQ raises $750 million with 7-year bonds

OQ, formerly Oman Oil Company, on Wednesday sold $750 million in seven-year bonds at 5.125%, a document showed, the latest in a string of Gulf energy companies raising cash via the debt markets.

OQ demystifies the future of flexible packaging at Virtual.Drupa

During the virtual Drupa show, OQ brought together more than 100 professionals at its webinar and breakout session. Led by industry experts and chemical scientists, the sessions explored the changing dynamics of flexible packaging – and the far-reaching consequences of a new generation of propyls-ba…
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OQ Frequently Asked Questions

  • When was OQ founded?

    OQ was founded in 1996.

  • Who are OQ key executives?

    OQ's key executives are Talal Hamid Al Awfi, Tore Myrholt and Sabrina Al Bakri.

  • How many employees does OQ have?

    OQ has 2,682 employees.

  • What is OQ revenue?

    Latest OQ annual revenue is $19 b.

  • What is OQ revenue per employee?

    Latest OQ revenue per employee is $7.1 m.

  • Who are OQ competitors?

    Competitors of OQ include TotalEnergies, Enterprise Products Partners and Concho Resources.

  • Where is OQ headquarters?

    OQ headquarters is located at OM, مسقط.

  • Where are OQ offices?

    OQ has offices in مسقط, Bay City, Bishop, Houston and in 13 other locations.

  • How many offices does OQ have?

    OQ has 19 offices.