An Omani state-run oil and gas company says it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization in the sultanate.
Read full article: LIVE RADAR: A blanket of clouds and more rain, potential flooding to start the work week1 hour ago
Read full article: Company breaking ground in Jacksonville wants to build an airplane that can go from NYC to London in 90 minutes11 hours ago Read full article: ‘Let’s go back and get this ring’: Jaguars fans disappointed by loss but optimistic for the rest of the seasonThis is a locator map for the Gulf Cooperation Council member states: Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and United Arab Emirates. – An Omani state-run oil and gas company announced Monday it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization in the sultanate.
The plan calls for the listing to take place in October, pending regulatory approvals. It plans dividends of $150 million for the first two quarters after that, with a planned dividend of $600 million annually, plus one linked to its performance.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oman state-run oil firm OQ will make initial public offering and potentially seek billionsAn Omani state-run oil and gas company says it will make an initial public offering of its exploration and production business, potentially seeking billions in a major move toward privatization in the sultanate.
Read more »
Commander of warship protecting San Diego-based aircraft carrier relieved of dutyCameron Yaste, commanding officer of the destroyer USS John McCain, was removed on Friday as the ship operates in the Gulf of Oman
Read more »
OK State on SI's Score Predictions: Oklahoma State vs. South Dakota StateThe Cowboys could have a challenging start to their 2024 campaign.
Read more »
OSU Recruiting: Oklahoma State Extends Offer to Speedy In-State DBAfter getting a big win on Saturday afternoon, the Cowboys were back on the recruiting trail on Sunday.
Read more »
Oklahoma State Pledge Ryker Haff a Nominee for Top In-State Offensive LinemanOne of the Cowboys' 2025 commits is up for a local award recognizing the top high school offensive lineman in Oklahoma.
Read more »
BREAKING: Georgia Tech Beats Out Florida State and Ohio State for Five-Star OT Josh PettyGeorgia Tech has just landed one of the biggest commitments in program history. While things had seemingly been trending in the Yellow Jackets favor, it became
Read more »