Oman

OQEP distributes over RO 57m in dividends for Q3 2024

 
Muscat: The Board of Directors of OQ Exploration and Production SAOG (OQEP) has decided to distribute cash dividends totaling to RO 57.675 million for the third quarter of the current year, 2024, at a rate of 7.21 baisa per share.

This decision was made following the Board’s approval of the financial statements at its meeting yesterday.

The Board in their meeting reviewed and approved the unaudited financial statements of the Company for the period ended on September 30, 2024. The Board proposed payment of cash dividends of 7.21 baizas per share, totaling RO 57.675 million.

The Annual General Meeting of the Company is scheduled to be held on the first week of December 2024.