Marafiq is a joint venture between Takamul Investment Company, (a subsidiary of Oman Oil Company) with a 73.7% of shares and Oman Oil Facilities Development Company with 26.3% of shares.

Marafiq is Oman’s first centralized utilities provider catering initially to the industrial zones through an effective, competitive and reliable utilities services in an integrated manner to fully centralized utilities.

Marafiq is setting up as a “one-stop shop” provider of a full range of centralized utilities. This concept will enable industries to outsource all its utilities required to support their operations to Marafiq, rather than building and running their own utilities facilities. This will not only offer industries with a reliable utilities supply, but also creates synergies, as well as the opportunity to benefit from economies of scale, and save on investment and operating costs, thereby allowing industries to focus on their core businesses.

The company is currently developing a centralized utilities complex for the Duqm Special Economic Zone (SEZAD), a new major industrial and commercial hub that is set to be one of the world's largest special economic zones.

Marafiq has signed a 25-year utilities service agreement with the Special Economic Zone Authority of Duqm (“SEZAD”) which gives Marafiq an exclusive right to provide various utilities and industrial gases to all industries within the Duqm SEZ; to support the vision of SEZAD towards developing a world-class industrial park.