Muscat: Musab Al Mahruqi, the Group CEO of OQ – Oman’s national petroleum investment company – has reportedly resigned.

As per a source, 31st March 2021 will be his last day with the company. A board meeting will be held on Wednesday, this week to discuss the way forward.

Musab Al Mahruqi was appointed as Group CEO of OQ in December 2018 to lead the integration of what has since become the Sultanate’s flagship energy company.

Al Mahruqi’s career in the oil and gas industry spans almost 20 years, including six years as the CEO of Orpic and seven years in various positions at Oman Oil Company, including Deputy Chief Financial Officer and Project Finance Manager.

About the company: OQ brings together the legacy of nine business units combining a diverse set of expertise and talents. Merging agility, innovation and technology, the company aims to develop game-changing specialty solutions for consumers across the entire energy value chain.