A Landmark Year of Reliability and Impact
In our 25th year, we upheld our commitment to safe, reliable operations, achieving 20 million man-hours without LTI. Network performance remained robust, with 42.4 BCM of gas delivered, 100% asset availability, and zero customer interruptions across more than 4,368 km of pipelines – clear evidence of OQGN’s critical national role.
Project execution continued to reflect operational excellence. Major milestones included completion of the Central 48” project and commissioning of the largest Flow Measurement System in our history, enhancing system resilience and energy efficiency. The award of future strategic projects further strengthens our ability to meet rising demand and support long-term growth.
We also advanced business development initiatives aligned with our growth strategy, including the acquisition of BP Ghazeer pipeline assets (65 km) and Fahud NGLE gas transportation and connection assets.
Building National Talent & Capability
In 2025, OQGN strengthened its human capital base, with a workforce of 475 employees and a 95.8% Omanization rate, ensuring strong national ownership of critical capabilities. Women represented 14.7% of our workforce, supported by focused women leadership development and succession planning initiatives.
Capability building remained a priority, with 284 training programs delivered and over 51,000 training hours completed – averaging 107 hours per employee. We also hosted 98 interns and maintained strong academic partnerships to develop a future-ready talent pipeline. National recognition – including the Oman Best Employer Brand Award and the OSHRM Best CHRO Award – affirmed our commitment to empowering our people.
Technology, Discipline, and Sustainable Value
Digital transformation continued to strengthen our network. The establishment of our data center, deployment of advanced monitoring tools, and introduction of AI-enabled security solutions enhanced reliability, cybersecurity, and data-driven decision-making.
Furthermore, financial discipline remained central to stability and value creation. Revenue increased to X 209 Mn. (vs. X 154.8 Mn.) and EBITDA rose to X 82.4 Mn., supported by efficient operations and cost management. The Board approved a dividend of 5.6 baiza per share for the first half of 2025, balancing shareholder returns with long-term investment needs; and RAB grew by 9.5% year-on-year, reflecting continued expansion.
Sustainability and governance remained integral to our operations, marked by the issuance of our Sustainability Report, joining the UN Global Compact, and further strengthening compliance and risk management.
OQGN’s achievements in our 25th year reflect the dedication of our people and our mission to operate safely, deliver reliably, and invest wisely. As we enter our next chapter, we remain committed to supporting Oman’s energy security and Vision 2040 through resilient and efficient operations, and sustainable infrastructure.
Mansoor Al Abdali
CEO
