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Friday, August 29, 2025 12:52 GMT
OQ Exploration and Production (OQEP), Oman’s exploration and production company, has released its financial results for the first half of the fiscal year ending June 30, 2025. The company reported a revenue of OMR 428.1 million (~US$1.1 billion) and an EBITDA of US$825.6 million. Notably, the adjusted cash flow from operations saw a 20 per cent increase, reaching US$752.1 million. The return on capital employed for the first half of 2025 stood at 24.4 per cent, with a notable rise to 25.8 per...More