Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
ADNOC eyes cross-border opportunities
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
Oman’s domestic gas needs raise LNG doubts
Dip in reserves amid soaring power needs raise concerns about the country’s plans for a new LNG train
Oman LNG secures its post-2024 future
With offtake deals, shareholder agreements and gas supply in place, could the country expand its LNG industry further?
Oman carves out niche in global energy trade
The country punching way above its weight in energy is less the story of a hydrocarbon bonanza and more that of a nation seeking to make the best out of what is available
Middle East refiners primed for growth
Capacity additions set to take advantage of disruption to Russian diesel
Petronas presses ahead with Sabah LNG
The project is another sign of the industry’s growing adoption of floating liquefaction technology
Oman enters 2023 on a high
International commitments to its expanding petchems and LNG industries are a huge boon
Adnoc and Petronas sign exploration deal
The Middle Eastern NOC is tapping Malaysian expertise to help it develop an unconventional resource
Oman’s upstream aims to rock like its peers
Don’t call it a comeback, newly gas-focused majors have been here for years
Australian indie expands Gambian interests
Far is seeking new partners to advance developments
Oman Petronas
Gerald Butt
1 February 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
Latest EU sanctions largely toothless
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
A third distillate disruption
6 August 2025
Diesel market disruptions have propelled crude prices above $100/bl twice in this century, and now oil teeters on the brink of another crude quality crisis
BP’s long stay in Russia
5 August 2025
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve
Arbitration with Gazprom: How to collect
1 August 2025
A number of companies have filed arbitration claims against Gazprom over non-deliveries of contracted gas or other matters—and won. The next step is to collect the award, but this is no easy task

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search