OQ Acquires Exolum’s Stake in Oman's OQ Logistics

published:08/12/2022 09:40 GMT

Oman’s global integrated energy company OQ Group, represented by its subsidiary OQ Refineries and Petrochemical Industries, has acquired Spanish firm Exolum Corporation’s 40% shareholding in OQ Logistics. Through this acquisition, OQ Refineries and Petrochemical Industries now holds 100% shareholding in OQ Logistics, according to a press statement issued by OQ Group. The logistics sector in Oman is one of the most promising sectors that contributes to diversifying the national economy. The...More