OQ
Announces SWIFT Integration

Muscat,
4 Aug (ONA) — OQ has officially joined the SWIFT network, the global
financial messaging system operated by the Society for Worldwide Interbank
Financial Telecommunication. This strategic move enables OQ to receive
electronic bank statements directly via its own SWIFT address, without
intermediaries.

The
integration empowers OQ to manage its financial operations with greater
transparency, accuracy, and real-time access to banking data from both local
and international institutions. This enhances investor confidence and
strengthens the Group’s global appeal.

“This
achievement marks a major milestone in OQ’s digital transformation journey and
reflects our ongoing commitment to implementing international best practices,”
said Sabrina Al Bakri, Chief Financial Officer at OQ. “By adopting advanced
financial infrastructure and streamlining institutional financing processes, OQ
continues to position itself as a future-focused energy leader rooted in
operational excellence,” she added.

Direct
integration with SWIFT significantly streamlines bank reconciliation cycles,
enhances the accuracy and timeliness of financial reporting, and reinforces the
integrity of daily transactional accounting. This advancement supports OQ’s
broader strategy to modernise its financial architecture and implement digital
solutions that drive operational agility and fiscal discipline across the
Group.

—Ends/AG