The Oman Oil Company is a national oil investment company of Oman. It is wholly owned by the Government of the Sultanate of Oman. Creation of the Oman Oil Company was proposed in 1992 and the company was established in 1996. The chief executive officer of the company is Ahmed Al-Wahaibi. In addition to the oil and gas exploration and production, the company also invest in power generation, energy transportation and infrastructure, oil refining, and petrochemicals manufacturing.