Oman goes for more gas
BP and Eni are cooperating in a new search for gas close to the successful Khazzan project
It is still early days. BP and Eni thus far have signed only a heads of agreement that they hope will lead eventually to the award of an exploration and production-sharing accord to develop a newly-created block in central Oman. Block 77 (total area of 3,100km2 or 1,197 miles2) lies only 30 km to the east of Block 61. BP is the operator of the Khazzan tight-gas project in Block 61, which is producing around 1bn cf/d. A second phase, Ghazeer, is under development and is scheduled to come onstream in 2021, adding a further 0.5bn cf/d of gas production. At full capacity of 1.5bn cf/d, Block 61 will produce enough to cover around 40pc of Oman's domestic gas needs. Partnering BP, which holds a 60
Also in this section
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
2 March 2026
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels






