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الاقتصادية - CNN
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الاقتصادية

2026-11-15T11:46:00.000Z

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الاقتصادية - CNN

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OQ profits rise 25.7%

OQ profits rise 25.7%

Oman’s OQ Exploration and Production reported a 25.7% increase in net profit in the first nine months of 2026, reaching OMR 297.784 million, compared with OMR 236.869 million in the same period of 2025. Revenue rose 12.3% to OMR 1.019 billion, while average production increased to 228,600 barrels of oil equivalent per day. Production costs per barrel fell 14% to less than $9. The board approved a base dividend of OMR 57.7 million for the third quarter, along with a second payment of performance-linked dividends worth OMR 19.3 million.

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