Orpic is the new name for Oman’s integrated businesses

Oman Oil Refineries and Petroleum Industries Company have been consolidated to include the company’s two refineries and their downstream petrochemical plants.  The integrated business has been given the new name of Orpic.  The new company is owned by the government of the Sultanate of Oman and the Oman Oil Company.  Musab Al Mahruqi, chief executive of Orpic, states, “The launch of the new name and company brand is the result of wide-ranging consultation with employees and external stakeholders over the past four months.  It marks another step in the evolution of this company into an integrated Omani refining and petrochemicals business we are proud of.  Our new identity is fresh and modern and represents perfectly our position as a modern and forward thinking company.”  The goal of the reorganization and integration is to increase efficiency and improve operational and financial performance. (June 14, 2011)