Oman Oil, Orpic Group Launches New Brand ‘OQ’
Under the patronage of Oman's Oil Minister, Mohammed Al Rumhi, Oman Oil and Orpic Group announced integrating nine core businesses under a new brand identity; named ‘OQ’.
Under the patronage of Oman's Oil Minister, Mohammed Al Rumhi, Oman Oil and Orpic Group announced integrating nine core businesses under a new brand identity; named ‘OQ’.
Oman Oil and Orpic Group and HSBC Bank Oman SAOG (HSBC Oman) have successfully executed the first blockchain trade finance transaction in Oman.
Oman Oil Company (OOC) and Orpic Group announced that three companies have been awarded Front End Engineering and Design (FEED) contracts.
The $2.7 billion project is expected to add around 82,000 barrels per day (b/d) to the current capacity of 116,000 b/d, which will increase the total capacity to around 198,000 b/d.
The project aims to maximize the value of Omani crude oil to fulfill the increasing demand for oil and refined products nationally and internationally.
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