Wednesday 04 / November / 2026
Muscat: OQ Refineries and Petroleum Industries (OQRPI) signed two strategic agreements during its 2026 Customer Engagement Forum, held under the theme “Growing Together”.
The event was held under the auspices of Mahmoud Abdullah Al Awaini, Secretary General of the Ministry of Finance, and attended by senior officials, government representatives, customers and business partners.
The agreements were signed by Said Al Mahrouqi, Chief Commercial Officer of OQRPI and Eng. Sulaiman Ali Al Hadhrami, Chief Executive Officer of O Bunkering
The first agreement, signed with O Bunkering, covers the sale and supply of 48 million litres of marine fuel annually. The agreement will support the development of Oman’s marine bunkering market by enabling small and medium enterprises (SMEs) to source fuel directly from OQRPI without intermediaries. This will help strengthen market competitiveness and support Local Content.
The second agreement, signed with Sanvira, covers the sale of its entire petroleum coke production, totaling 450,000 tonnes annually. This strategic move aims to enhance product management efficiency and expand opportunities for commercial collaboration.
Together, the two agreements reflect OQRPI’s efforts to expand its commercial partnerships, improve operational efficiency and create greater opportunities for SMEs to participate in the energy sector’s value chain. They will also contribute to strengthening Local Content and market competitiveness, in line with the objectives of Oman Vision 2040.
Speaking at the forum, Almuhallab Said Al Saidi, Vice President of Commercial Operations at OQRPI, highlighted the importance of cooperation and shared efforts in achieving sustainable growth.
He said the forum’s theme, “Growing Together”, reflects the company’s belief that strong partnerships, built on trust and knowledge sharing, are essential to business development, overcoming challenges and identifying new opportunities.
