OQEP Acquires 35% Stake in Oman’s Block 27: Key Opportunities and Impacts for Investors and Business Owners
OQEP has signed an agreement to acquire a 35% stake in Block 27 from Mitsui E&P Middle East for $28.8M,
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OQEP has signed an agreement to acquire a 35% stake in Block 27 from Mitsui E&P Middle East for $28.8M,
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OQ Exploration & Production SAOG (OQEP) forecasts capital expenditures between $800 million and $900 million for 2026, managing 14 upstream
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OQ Exploration and Production posted RO 1.2 billion revenue in 2025, with EBITDA of RO 941 million (81% margin). CEO
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OQ Exploration & Production SAOG aims to boost hydrocarbon output to 300,000 boe/d by 2030, up from 230,000 boe/d in
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OQ Exploration & Production (OQEP), Oman’s state-owned energy company, reports 221.2K boepd in Q1 2025, 14% of national output. Key
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OQ Exploration & Production posted H1 2025 EBITDA of RO 317.4M ($825.6M) and revenue of RO 428.1M ($1.1B). Cash flow
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