Who We Are

OQEP is the partner of choice for International Oil Companies (IOCs) and new entrants in the Sultanate of Oman through successful joint venture partnerships with 13 marquee global industry leaders.

OQEP plays a pivotal role in the OQ energy ecosystem, maximising the value of Oman’s energy resources to support Oman’s sustained economic progress in line with Oman Vision 2040, whilst carefully balancing sustainability and ESG priorities.

At the heart of our operations are the principles of health, safety, security, and environmental stewardship, which drive our success. By leveraging cutting-edge technologies, OQEP consistently tracks, optimises, and enhances its performance.

Our strength and future growth are fueled by our high-quality portfolio of assets and global demand for energy security, and our established reputation as a trusted partner to international energy companies seeking to gain access to one of the world’s largest reserves of oil and gas.

Our focus on cost optimisation and operational efficiencies helps generate top-quartile returns compared to our peers. OQEP is deeply committed to supporting the local community. In 2023, we achieved an In Country Value of 40% of total procurement spend.

We are firmly committed to Environmental, Social, and Governance (ESG) principles, with clear goals for reducing greenhouse gas (GHG) emissions and a steadfast ambition to achieve net-zero emissions by 2050.

Our Legacy

2009

OOCEP

Oman Oil Company Exploration & Production LLC (OOCEP)
2019

OQ Group

Oman’s global integrated energy group
2024

OQEP

OQ Exploration and Production SAOG (Under transformation)