Thursday, November 28, 2024
Oman’s oil exploration firm raises $2 billion in record domestic IPO- oil and gas 360

Oman’s oil exploration firm raises $2 billion in record domestic IPO

(Oil Price) – OQ Exploration and Production Company (OQEP), Oman’s wholly-state-owned upstream oil and gas operator, has raised $2.03 billion from its IPO which was the largest ever for the Gulf oil nation and the biggest in the region so far this year. OQEP, which is a wholly owned subsidiary of OQ, the Sultanate of Oman’s energy company, sold 2 billion