OQ8

Company Description

At OQ8 we aim to be a world-class oil refinery, using proven technology, outputting clean, high-quality products, in a manner consistent with global standards for safety whilst always striving to achieve the highest operational standards. Duqm Refinery is a joint venture between Oman Oil Company (OOC) and Kuwait Petroleum International (KPI). The Refinery is based in Al Duqm which is located in the Al Wusta Governorate of the Sultanate of Oman. It gives the project a strategic maritime location and a competitive advantage being in the path of international shipping lines in the Indian Ocean and the Arabian Sea thus easing the process of transport in and out of the region. The state of the art refinery has been designed to process 230,000 barrels of various types of blends and will be producing Diesel, Jet fuel, Naphtha, LPG, Sulfur and Pet coke as its primary products. A large petrochemical complex called the "Duqm Petrochemical project" is to be developed as part of the company's future expansion plans.Detailed Feasibility Study for the Duqm Petrochemical project was completed in 2017. The FEED phase of the project will commence in 2018.The scope of the petrochemical project includes a large mixed-feed cracker, together with a variety of world-scale units that will produce a number of derivatives mainly aimed at the fast growing regional and Asian markets.The Duqm Refinery and Petrochemicals project acts to reimburse the local economy of the area in particular while contributing heavily to the national GDP as a whole. This venture is being implemented while meeting international standards making this project a major player in the field. It will also add intangible value to Duqm as a destination while introducing new industries to the area while it significantly contributes to the growth, prosperity and diversification of the Omani economy.