OQGN’s record-breaking IPO lists on Muscat Stock Exchange
OQ Gas Networks SAOG (OQGN) has successfully made its debut on the Muscat Stock Exchange (MSX), becoming the largest-ever initial public offering (IPO) in the Sultanate of Oman. The listing took place under the auspices of Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. Also present were Shaikh Abdullah bin Salem […]
OQGN inks pact for hydrogen, CO2 infra projects in Oman
Building on its vision to support the development of low-carbon energy infrastructure in the Sultanate of Oman, OQ Gas Networks (OQGN) – the newly listed gas transportation company – has announced the signing of a Memorandum of Understanding (MoU) with Belgian-based energy infrastructure group Fluxys to explore cooperation in the establishment of hydrogen and carbon […]
Moody’s, Oman Banks host roundtable on Islamic Finance
Oman Banks Association and Moody’s Investors Service jointly organized an Islamic Finance Roundtable with a cooperation with the Central Bank of Oman (CBO) on October 19, 2023 in Muscat. The event brought together about 60 participants representing financial sector regulators, senior representatives of Islamic and conventional banks as well as other financial sector sides in […]
Pact signed for pilot study on hydrogen fuelling stations in Duqm SEZ
OQ Alternative Energy , part of global integrated energy group OQ , signed an agreement on October 22, 2023, with the Ministry of Transport, Communications and Information Technology, ASYAD Group , Oman Oil Marketing Company, and Air Liquide Group. The purpose of this agreement is to conduct a joint study pilot project on green hydrogen […]
Oman LNG signs major shareholder agreements
Oman LNG signed multiple shareholder agreements yesterday in Muscat in the presence of Minister of Energy and Minerals, Eng Salim bin Nasser al Aufi. In his keynote address, Al Aufi shared the following, “It’s been quite a journey over the last probably 18 or 20-plus months since we started approaching the market to […]
Oman’s OQ Gas Networks expected to price IPO at top of range
Oman’s OQ Gas Networks (OQGN), the pipeline business of state oil giant OQ, is expected to price its $771m initial public offering (IPO) at the top of the marketed range, according to terms seen by Reuters. Orders below 140 Omani baisas ($0.36) per share risk missing out on the deal, one of the banks on […]
