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
13 March 2025
Gas will become a more important part of the energy mix longer-term raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek
