Oman Oil Company S.A.O.C. (OOC) is a commercial company wholly owned by the Government of the Sultanate of Oman. The Company was incorporated in 1996 to pursue investment opportunities in the energy sector both inside and outside Oman. Through participation in energy and energy related projects, the Company plays an important role in the Sultanate's efforts to diversify the Omani economy and to promote Omani and foreign private sector investment.

 

The Company has at its core the following objectives:

 

Within the Sultanate, the Company is focused on the development of oil and gas-based industries and other energy and energy related projects in partnership with international industry players capturing the value chain in the oil and gas sector. The Company’s portfolio of investments includes Exploration & Production and related services, Infrastructure & Shipping, Refining & Marketing, Petrochemicals, Aluminium and Power.

 

Through development and participation in various projects, the Company continues to pursue the future which creates more jobs and investment opportunities directly from the projects themselves as well as from the many ancillary projects that will be needed to support and follow from these developments. The Company’s significant experience in project development and its unique shareholding as a government owned commercially managed company makes it a partner of choice in the energy sector in Oman.

 

Outside Oman, the Company is actively pursuing commercial ventures in the energy value chain to provide an alternate source of revenue for the Government of Oman.