#Oman's OQ says it may list some energy assets on local market | Reuters

Oman's OQ says it may list some energy assets on local market | Reuters

Oman's OQ is considering local listings for some of its downstream and upstream assets but has no plan to float the parent company now, a senior executive at the state-owned energy group told Reuters on Tuesday.

Oman is following Saudi Aramco and other Gulf oil producers in looking at sales of stakes in energy assets, capitalising on a rebound in crude prices to attract foreign investors.

"We are considering listing some of our assets in the local market," Hilal al-Kharusi, OQ's acting chief executive commercial, said on the sidelines of an event in Dubai.

"We are reviewing at the moment... some in the downstream and some in the upstream especially on the service part of it."