Industry Oil and gas Website www.oman-oil.com Founded 1996 Subsidiaries Oxea | Owner Government of Oman Founder Oman Headquarters Muscat Type of business State-owned enterprise | |
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Key people Mohammed bin Hamad Al Rumhi, Minister of Oil and Gas (Chairman)
Isam bin Saud Al Zadjali (CEO) CEO Isam bin Saud Al Zadjali (Aug 2014–) Profiles | ||
Oman Oil Company (OOC) is a commercial company wholly owned by the Government of Oman. Established in 1996 to pursue investment opportunities in the wider energy sector both inside and outside Oman.
The Company plays an important role in the Sultanate's efforts to diversify the economy as well as fostering and building human capital. OOC’s portfolio consists of over 50 investments across 15 countries.
Investments within Oman are managed through four subsidiaries: Oman Oil Company Exploration and Production L.L.C, Oman Oil Facilities Development Company L.L.C, Oman Oil Duqm Development Company L.L.C and Takamul Investment Company S.A.O.C, while international assets are managed by the OOC International Investment Unit.
References
Oman Oil Company Wikipedia(Text) CC BY-SA