#OQ Exploration and Production

Oman’s OQ Exploration and Production raises $2bn in IPO

Oman’s OQ Exploration and Production raises $2bn in IPO

The offering was priced at the top of its indicative range of 370-390 baizas per share and was oversubscribed by around 2.7 times, including anchor investors

OQ Exploration and Production seeks to raise $2bn from IPO

OQ Exploration and Production seeks to raise $2bn from IPO

The IPO attracted six cornerstone investors, including Al-Hosn Investment Company, Bank Dhofar and Tanmia, which agreed to subscribe for shares worth as much as OMR156m