Prime Highlights
- OQ surpassed 2,000MW in renewable energy capacity and met all 2025 emissions reduction targets.
- SME spending hit $306 million, with local value added growing 24 percent year-on-year.
Key Facts
- OQ Group is a global integrated energy company headquartered in Oman, aligned with the country’s Vision 2040 and net-zero 2050 goals.
- OQ achieved an Omanisation rate of 88 percent while delivering over 2,300 specialised HSE training hours.
Background
Oman Sustainability Week has witnessed the launch of the OQ Group’s Sustainability Report for 2026, highlighting significant accomplishments in terms of energy production, lower emissions, and support to the economy.
OQ has managed to go beyond the mark of 2,000 MW in renewable energy capacity. Additionally, the corporation has managed to secure more than 740 MW in wind and solar power purchases. All the 2025 targets concerning greenhouse gas reductions have been met. Automation of emissions inventory has been implemented among all the subsidiaries to improve transparency.
As far as economics is concerned, the group has recorded a 24% increase in the number of local value added kept inside Oman. Investments in SMEs amount to RO117.7 million ($306 million). This indicates a commitment on the part of the group to help local businesses and boost the national economy of Oman.
The group has maintained zero freshwater consumption throughout. Progress has been made regarding the implementation of biodiversity and circular economy programs. Omanisation is at the level of 88%. More than 2,300 hours of special training concerning safety and environment have been conducted.
Titled “Responsible Impact, Sustainable Value,” the report is built around four strategic pillars: climate action, nature protection, human capital development, and sustainable growth leadership. OQ said its approach balances operational efficiency with environmental and social responsibility.
The report was launched under the patronage of Abdulsalam Al Murshidi, Chairman of the Oman Investment Authority. OQ also pointed to continued investment in digital transformation and innovation as key levers for improving performance across its operations.
The Sultanate’s net-zero goal for 2050 and Oman Vision 2040 are in line with the group’s sustainability plan.
