OQ Establishes New Alternative Energy Business Stream
OQ, Oman’s state-owned integrated energy and petrochemicals powerhouse, has established a new business stream focused on investments in renewable and alternative energy resources.
OQ, Oman’s state-owned integrated energy and petrochemicals powerhouse, has established a new business stream focused on investments in renewable and alternative energy resources.
A quarter of the construction in the Duqm refinery has been completed, and it is supposed to be completed by 2022.
Total and a South Korean oil company are being considered for a partnership in the Duqm Refinery and Petrochemical Industries.
Global petrochemicals company Oxea is set to invest in a planned petrochemicals complex in the Duqm special economic zone (SEZ).
Kuwait's High Petroleum Commission announced that Kuwait Petroleum International (KPI) acquired 50% share of Oman's Duqm refinery.
Construction at the Duqm Refinery in Oman will begin next year.