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FINANCIAL NEWS
OCC acquires OXEA
13 Oct 2013
(MENAFN) Oman Oil Company (OCC) fully acquired the largest Oxo chemical products producer, OXEA, Times of Oman reported.
This deal will lead OCC to become a vertically integrated leader in chemical products worldwide.
The Omani undersecretary at the Ministry of Oil and Gas and chairman of OOC said: “This landmark acquisition reaffirms Oman Oil Company’s role in supporting the goals outlined in Oman’s Vision 2020 which aims to diversify the economy by reducing dependence on oil, growing in country value and maximising the potential of the Sultanate of Oman’s geographic location””
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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