OIA and OQ sign agreements for Duqm Refinery and Petrochemical Industries Company (DRPIC)

By Global Infrastructure Sherpa · Sep 15, 2025

Investment Refinery, Petrochemical announced Oman Sep 15, 2025

The Oman Investment Authority (OIA) and OQ signed agreements related to the Duqm Refinery and Petrochemical Industries Company (DRPIC). The agreements aim to enhance the operational efficiency and financial sustainability of the project.

Timeline

Announced

Sep 15, 2025

Signed

Closed

Counterparts (3)

Investor

Oman Investment Authority (OIA)

company · 1 deals

Oman Investment Authority (OIA) is the sovereign wealth fund of Oman. It invests in a diverse range ...

OQ is an integrated energy company with roots in Oman. It operates across the energy value chain, fr...

project company

Duqm Refinery and Petrochemical Industries Company (DRPIC)

Duqm Refinery and Petrochemical Industries Company (DRPIC) is involved in the development of a major...

Source

www.omanobserver.om

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