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The Spark, which ignited the ONEIC story, was struck in 1977 by a decision taken by the Council of Ministers of the Sultanate of Oman. As a result of this decision, Oman National Engineering & Investment Co. (S.A.O.G) was formed in 1978 to manage the Rural Electricity System for the Ministry of Electricity & Water Established. Oman National Electric Company (SAOG) started its Operations to serve the Electricity, Water, and Communication sector. Since inception, the company has registered steady growth backed by committed shareholders, progressive management with dynamism and dedicated professional staff around 4000. The company repositioned itself in diverse competitive global business.

Website http://oneic.com.om/
Ticker ONES
Revenue $773.3 million
Employees 584 (85 on RocketReach)
Founded 1978
Address plot 689 Way 3520 2/17, Muscat 112, OM
Phone +968 24 396222
Fax +968 24 479787
Industry Investment Management, Energy, Utilities & Waste Treatment General, Energy, Utilities & Waste Treatment
SIC SIC Code 87 Companies, SIC Code 871 Companies
NAICS NAICS Code 5413 Companies, NAICS Code 541 Companies, NAICS Code 54 Companies, NAICS Code 54133 Companies

ONEIC Questions

The ONEIC annual revenue was $773.3 million in 2026.

Omar al Azizi is the CEO Office In charge of ONEIC.

85 people are employed at ONEIC.

The NAICS codes for ONEIC are [5413, 541, 54, 54133].

The SIC codes for ONEIC are [87, 871].

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