bp has a long history of oil and gas exploration and production in the region. In Oman, bp is the operator of Block 61 (Khazzan and Ghazeer) and holds 40% interest. OQEP holds 30% interest, PTTEP holds 20% and PC Oman Ventures Limited, a wholly owned subsidiary of Petronas, ?holds 10%. Block 61 produces 1.5 billion cubic feet of gas a day and nearly 55,000 barrels a day of associated condensate. With an estimated 10.5 trillion cubic feet of recoverable gas resources. The block ?has the capacity to deliver around 35% of Oman’s total gas demand.Gas from Block 61 is distributed for domestic consumption via Oman’s national gas grid, while ?also boosting availability of feedstock supply for Oman LNG.Outside Block 61bp Oman supplies calcined petroleum coke to Sohar Aluminum, which operates a major smelter in Sohar.Block 77: In January 2019, bp and ENI signed an EPSA agreement with the government to work jointly towards an exploration opportunity in Block 77. In October 2023, bp Oman initiated the first drilling activities in Block 77 after signing a joint-venture ESPA agreement with Eni.LNG: In November 2023, Oman LNG signed a sale and purchase agreement (SPA) with bp to supply 1 million metric tonnes per annum (MTPA) of LNG for bp Oman for 9 years, starting 2026.bp Oman’s overall goal is to create a sustainable legacy that supports Oman’s strategic goals for ?energy security and long-term economic diversification, whilst empowering local people, helping ?create a self-sufficient and progressive future.Click here to read more: www.bp.com/oman
bp has a long history of oil and gas exploration and production in the region. In Oman, bp is the operator of Block 61 (Khazzan and Ghazeer) and holds 40% interest. OQEP holds 30% interest, PTTEP holds 20% and PC Oman Ventures Limited, a wholly owned subsidiary of Petronas, ?holds 10%. Block 61 produces 1.5 billion cubic feet of gas a day and nearly 55,000 barrels a day of associated condensate. With an estimated 10.5 trillion cubic feet of recoverable gas resources. The block ?has the capacity to deliver around 35% of Oman’s total gas demand.
Gas from Block 61 is distributed for domestic consumption via Oman’s national gas grid, while ?also boosting availability of feedstock supply for Oman LNG.
bp Oman’s overall goal is to create a sustainable legacy that supports Oman’s strategic goals for ?energy security and long-term economic diversification, whilst empowering local people, helping ?create a self-sufficient and progressive future.
Click here to read more: www.bp.com/oman
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