29 November 2005
Oman: EOR programme kick-started with $1bn contract
AFTER YEARS on the drawing board, Oman launched a major enhanced oil recovery (EOR) programme in November with the award of a three-year engineering, procurement and construction (EPC) contract to UAE-based Petrofac International. The project's aim is to boost production at the Harweel cluster of fields, in the south of the country, to around 100,000 barrels a day (b/d). EOR schemes will play an important role in stemming the continuing slide in the Gulf state's crude production. According to official government figures, production fell by 1.2% in the first half of 2005, to 0.77m b/d. This compares with an average output of 0.9m b/d in 2002. If Omani production were to continue to fall at th
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks