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Oman's Oil Company OQ Boosts Production with Successful Turnaround Activities

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BNN Correspondents
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Oman's Oil Company OQ Boosts Production with Successful Turnaround Activities

State-owned oil company of Oman, OQ, has successfully completed critical turnaround activities at two of its key refineries — Suhar and Mina Al Fahal. This routine operation, carried out periodically, is pivotal to maintain and enhance the performance of the refineries, ensuring their reliability, safety, and efficiency.

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Comprehensive Maintenance for Optimal Performance

The comprehensive maintenance activity undertaken by OQ included inspections, equipment overhauls, technological upgrades, and safety checks. The culmination of these activities is expected to boost the production capacities of the refineries, minimize downtime, and extend the overall operational lifespan of the facilities. This success underscores OQ's commitment to maintaining high standards in its operations, which directly contributes to Oman's energy sector and its national economy.

Impact on Oman's Economy

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Suhar and Mina Al Fahal refineries hold a significant role in Oman's economy. They are pillars in the country's oil production and export capabilities. Their optimal functioning is critical to the economic stability of the nation. The meticulously planned and executed turnaround activities ensured that the supply of oil and petroleum products to local and international markets remained uninterrupted, further demonstrating OQ's strategic foresight.

Relevance to Global Oil Market

The successful completion of turnaround activities at these refineries comes at a time when Saudi Arabia, another significant player in the global oil market, plans to increase its oil production and exports. The seamless operation of Oman's refineries is, therefore, not only essential for the country but also holds implications for the larger global oil market, highlighting the interconnectedness of the world's energy sectors.

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