Muscat: OQ Exploration and Production (OQEP) has reported a net profit of RO 272 million (USD 707 million) for the first nine months of 2024. This figure surpasses the company's target of RO 230 million (USD 599 million) by 18%. According to Oman News Agency, OQEP's financial results for the first nine months of 2024 also show a Free Cash Flow of RO 236 million (USD 614 million). This is a 2% increase over the targeted figure of RO 232 million (USD 603 million). The company's operational performance from January to September 2024 has shown development, with production increasing to 255,000 barrels of equivalent oil barrels per day. This is a 3% rise compared to the previous average daily total of oil and gas production of 253,000 barrels.
Related Articles
Hebrew Walla: Netanyahu Insists That Philadelphi Corridor Is ‘Rock’ Of Israel’s Existence
Israeli journalist Ben Caspit wrote on the Walla Hebrew website, saying: In a controversial statement this week, Israeli Prime Minister Benjamin Netanyahu insisted that the Philadelphi Corridor is the “rock of existence” for Israel.
The statements c…
Missing Citizen Found Deceased After Being Swept Away by Flash Flood in Manah
Manah: The Search and Rescue Sector at the National Committee for Emergency Management announced today that the citizen who went missing yesterday evening has been found deceased, having been swept away by a flash flood in one of the wadis in the Wila…
Martyrs and wounded in Israeli bombing of a house in Al-Bureij camp
Gaza – Ma’an – At least seven citizens were killed early Sunday morning when Israeli occupation forces bombed a house in the Al-Bureij refugee camp in the central Gaza Strip.
Local sources confirmed that Israeli occupation aircraft bombed a house bel…