These materials are an advertisement for the purposes of the Prospectus Regulation EU 2017/129 and underlying legislation. They include a prospectus prepared in the Arabic language and/or an unofficial English language translation thereof (the “Prospectus”) published by OQ Exploration and Production SAOG (the “Company”). The Prospectus prepared in the Arabic language has been approved by the Omani Financial Services Authority.
The information contained in these materials is for background purposes only and does not purport to be full or complete. No reliance may or should be placed by any person for any purposes whatsoever on the information contained in these materials or on its completeness, accuracy or fairness. The information in these materials is subject to change. No obligation is undertaken to update these materials or to correct any inaccuracies, and the distribution of these materials shall not be deemed to be any form of commitment on the part of the Company to proceed with the Offering or any transaction or arrangement referred to herein. Other than the Prospectus prepared in the Arabic language, which has been approved by the Omani Financial Services Authority, these materials have not been approved by any competent regulatory authority. None of the Joint Global Coordinators, the Issue Manager, the Collection Agents and/or any of their respective subsidiaries, affiliates or any of their respective directors, officers, employees, advisers and/or agents are responsible for the contents of these materials.
These materials do not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any shares or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with or act as an inducement to enter into, any contract or commitment whatsoever. Investors should not purchase any shares referred to in these materials except on the basis of information in the Prospectus approved by the Omani Financial Services Authority and published by the Company in connection with the proposed admission of the shares to listing and trading on the Muscat Stock Exchange. The Offering and the distribution of these materials and other information in connection with the Offering in certain jurisdictions may be restricted by law and persons into whose possession these materials, any document or other information referred to herein comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
These materials are not directed at or accessible, directly or indirectly, by persons in the United States (including its territories and possessions, any State of the United States and the District of Columbia), Canada, Australia, South Africa or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for, or otherwise invest in, securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the “Securities Act”) or with any securities regulatory authority of any state or other jurisdiction in the United States. There will be no public offering of any securities in the United States.
OQEP is one of OQ SAOC companies, Oman’s leading integrated energy group, managing and developing investments across the energy value chain.
OQEP is Oman’s largest pure-play oil and gas exploration and production company and it is the only upstream oil and gas operator wholly owned by the Government of Oman. OQEP currently ranks among the top three oil and gas producers and is also one of the largest holders of oil and gas reserves in Oman.
Since inception, OQEP has witnessed significant growth, expanding its average daily production nearly 14 times, and averaging 246 kboe/d on a working interest basis by 2023. In 2023, its total production constituted approximately 14 per cent. of Oman’s total oil, gas and condensate production for the year.
Click to read moreThe OQEP portfolio comprises 14 high quality upstream oil and gas exploration and production assets in Oman and includes both onshore and offshore operations providing an optimal mix of assets.
OQEP is set to continue its steady growth by expanding its asset base, focusing on acquiring high-quality assets that bring sustainable growth via the long-term agreements and gas sale contracts with favorable extension options. We leverage organic growth opportunities within our existing portfolio. Since its inception, OQEP has been the only entity appointed by the Government of Oman to exercise participation rights granted by the Government of Oman in entering new block concessions in Oman.
At OQEP, we are focused on maximising production from our existing facilities and pursuing ambitious development strategies through the continued proactive appraisal and exploration of a diverse range of prospects and portfolio assets.
Stay up to date with OQEP’s latest news.
OQEP has signed an Exploration and Production Sharing Agreement with The Ministry of Energy...
Read More...On 22 and 23 February, OQ Exploration and Production (OQEP) hosted its Board of Directors and Executives for...
Read More...OQ Exploration and Production (OQEP) has been awarded the prestigious Sharia-Compliant IPO Deal of the Year 2024...
Read More...OQEP’s latest Social Media Updates.
OQEP was proud to contribute to insightful discussions at the IFN Investor Middle East Forum 2025, where industry leaders...
Read More...OQ Exploration & Production proudly welcomed the 12th cohort of the National Defense College to the Musandam Gas Plant...
Read More...OQEP proudly hosted and was a partner of the Indonesian GCC Games – Chapter Oman, aimed at strengthening cultural and...
Read More...