An Oman Oil Company official said the revenues of the company in 2019 are estimated at $20 billion with profits of $556 million. He added that the group aims to increase its contribution to the country’s gross domestic product from $10 billion in 2018 to $20 billion by 2030, with a plan to invest $28 billion in future development projects.

Oman Oil Company Revenues Estimated at $20 billion

Posted On: December 17, 2019

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An Oman Oil Company official said the revenues of the company in 2019 are estimated at $20 billion with profits of $556 million.

He added that the group aims to increase its contribution to the country’s gross domestic product from $10 billion in 2018 to $20 billion by 2030, with a plan to invest $28 billion in future development projects.