Oman’s OQ Gets $2 Billion in Orders for $244 Million Abraj IPO
- Oil driller Abraj Energy’s IPO priced at 249 baizas per share
- Largest Oman listing since 2010 comes amid regional IPO boom
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One of Oman’s main energy firms raised $244 million from the initial public offering of its oil-drilling unit, pulling off Muscat’s largest listing in more than a decade and drawing in Saudi Arabia’s wealth fund as an anchor investor.