{
OQ SAOC

Companies

}
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001122334455554433221100

Oman’s OQ Plans Additional Share Sales Following Record IPO Success

Oman's main energy company, OQ SAOC, has emerged as the largest IPO issuer in the Middle East in 2024, raising nearly $2.5 billion. The company plans to pursue additional share sales, potentially at the end of 2025 or in 2026, as it explores opportunities within its seven fully-owned subsidiaries, which include oil refining and alternative energy.
bloomberg.com
OQ SAOC OMN Ali Al Lawati
Finance & Economy, Market Report
11:15 06.12.2024

oman energy company plans 490 million dollar ipo for methanol unit

Oman's state energy company, OQ SAOC, aims to raise up to $490 million through the IPO of its methanol and liquefied petroleum gas unit. The company plans to offer a 49% stake in OQ Base Industries SAOG at a price range of 106 to 111 baisas ($0.28 to $0.29) per share, potentially valuing the firm at $1 billion.
bloomberg.com
OQ SAOC OMN
Finance & Economy, Market Report
09:31 18.11.2024
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