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Investing for the future of Oman The Sultanate of Oman established the Oman Oil Company S.A.O.C. (OOC) in 1992 as the national oil company with the mission to build a prosperous future for Oman regardless country’s direct oil and gas revenues. This mission still guides the Sultanate’s Vision 2020 for its wholly owned Oman Oil […]

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Technip/Shaw Energy and Chemicals to provide PMC The Oman State wholly-owned Oman Oil Company (OOC) and the Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC) have approved the location and the financing for their joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) project. The joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) was established in June […]

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Mitsui, Toyo and Unico study $2 billion fertilizer project A Japanese consortium made of Mitsui, Toyo Engineering Corporation (Toyo) and the consulting company Unico International Corporation (Unico) is working on a greenfield $2 billion fertilizer plant in the South of Iraq. This project comes while the:  – Houston-based engineering company KBR is revamping and expanding […]

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Initiate, Create and, Deliver Established in 1947 with its headquarter in Tokyo, Japan, Mitsui  & Co. Ltd (Mitsui) is a diversified industrial company with a global presence in 67 countries and listed in Tokyo Stock Exchange. With more than 44,000 employees, Mitsui manage a large portfolio of products and services covering:  – Iron and Steel […]

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Waha Oil partners to revive Sirte basin production Waha Oil Company’s partners ConocoPhillips, Marathon Oil, Hess Corporation and the local National Oil Company are preparing large exploration production program to revive the oil and gas production in Libya. Within the Sirte basin, the Waha concession covers 13 million acres and includes three major projects : […]

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Integration and Excellence are our path to Globality Kuwait National Petroleum Company KNPC was established in October 1960 to develop the downstream sector in Kuwait. Created as a joint venture between the government and the private sector, the State of Kuwait acquired the whole ownership of KNPC in 1975. In parallel, The Kuwait Government compensated […]

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