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Oman is said to study strategic options for state energy firm OQ

Oman is said to study strategic options for state energy firm OQ 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP Oman is said to study strategic options for state energy firm OQ OQ is an integrated energy company with oil and gas exploration and production operations, refineries, a retail network and a large petrochemical business April 8, 2021 Oman is studying options for state energy company OQ, including a potential initial public offering, as the Gulf sultanate seeks to shore up its finances, people with knowledge of the matter said.

Oman Is Said to Study Strategic Options for OQ

Oman is studying options for state energy company OQ SAOC, including a potential initial public offering, as the Persian Gulf sultanate seeks to shore up its finances, people with knowledge of the matter said. (Bloomberg) Oman is studying options for state energy company OQ SAOC, including a potential initial public offering, as the Persian Gulf sultanate seeks to shore up its finances, people with knowledge of the matter said. The Omani government has been speaking with potential advisers as it considers alternatives for OQ, which could also include selling a stake in the business or one of its subsidiaries, according to the people. OQ could be valued in the billions of dollars if it decides to pursue a listing, the people said, asking not to be identified because the information is private.

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