
OQ Exploration and Production SAOG (OQEP) is one of OQ SAOC companies, Oman’s leading integrated energy group, managing and developing investments across the energy value chain. The company was founded in 2009 and transformed into a public joint-stock company in 2024.
OQEP is Oman’s largest pure-play oil and gas exploration and production company and it is the only upstream oil and gas operator owned by the Government of Oman. OQEP currently ranks among the top three oil and gas producers and is also one of the largest holders of oil and gas reserves in Oman.
In October 2025, OQEP signed a memorandum of understanding (MoU) with PETRONAS Carigali International Ventures Sdn Bhd (PCIV) to jointly pursue upstream oil & gas opportunities across the Middle East and Southeast Asia.
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