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BP deploys continuous methane measurement for new projects

BP deploys continuous methane measurement for new projects

September 10, 2019 No Comments

BP today announced that it will deploy continuous measurement of methane emissions in its future BP-operated oil and gas processing projects as part of its ambitious programme to detect, measure and reduce methane emissions. Continuous measurement, including instruments such as gas cloud imaging (GCI), will be rolled out to all new major projects worldwide. The […]

BP and Eni sign exploration agreement in Oman

BP and Eni sign exploration agreement in Oman

July 31, 2019 No Comments

BP and Eni today signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sultanate of Oman. Block 77 covers a total area of over 2,700 square kilometres. BP and Eni will each hold a 50% interest in the EPSA, with Eni […]

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Eni signs E&P Sharing Agreement for Block 77, onshore Oman

Eni signs E&P Sharing Agreement for Block 77, onshore Oman

July 31, 2019 No Comments

Following a Heads of Agreement signed on 14th of January 2019, Eni and BP have entered into a gas Exploration and Production Sharing Agreement (EPSA) for Block 77 with the Government of the Sultanate of Oman today. Block 77 covers an area of 2,734 Km2 located in Central Oman. During the Exploration phase Eni and […]

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Eni sells a 13.75% share in the blocks L11A, L11B e L12, to Qatar Petroleum

Eni sells a 13.75% share in the blocks L11A, L11B e L12, to Qatar Petroleum

July 23, 2019 No Comments

Eni and Qatar Petroleum (QP) today signed an agreement that will see the Qatari national oil company acquire a 13.75% share in the exploration blocks L11A, L11B and L12, in deep offshore Kenya. The proposed deal is pending subject to the approval of the Kenyan authorities. Blocks L11A, L11B and L12 are located in water […]

IMF Executive Board Concludes 2019 Article IV Consultation with Oman

IMF Executive Board Concludes 2019 Article IV Consultation with Oman

July 4, 2019 No Comments

On June 7, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Oman. Since the 2014 oil price shock, Oman’s policy efforts have aimed at strengthening the fiscal position, enhancing private sector-led growth and employment, and encouraging diversification. Economic activity started to recover last year, and the […]

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PDO and Ejaad Collaborate on 4IR Research on jobs

PDO and Ejaad Collaborate on 4IR Research on jobs

June 28, 2019 No Comments

Petroleum Development Oman (PDO) signed an agreement with The Research Council to conduct research on the overall impact of the Fourth Industrial Revolution (4IR) on jobs in the oil and gas sector through Ejaad, the platform to boost R&D collaboration between industry and academia in Oman. The study will explore the effect of 4IR on […]

Wood secures contract in Oman

Wood secures contract in Oman

June 10, 2019 No Comments

Wood has been awarded a new contract by Duqm Refinery and Petrochemicals Industries Company (DRPIC) to provide FEED (front-end engineering design) for a proposed onshore petrochemicals facility at the Special Economic Zone Area Duqm (SEZAD) in southern Oman. Wood has already delivered associated studies for the facility which will include a world-scale steam cracker unit; […]

Petrofac secures training solutions contracts in Oman, the UAE and Iraq

Petrofac secures training solutions contracts in Oman, the UAE and Iraq

April 29, 2019 No Comments

Petrofac has secured a number of new awards and contract extensions, with a combined value of over US$30 million, to provide training solutions for key National Oil Company and International Oil Company clients in Oman, the UAE and Iraq. In Oman, these include two new awards for the provision of HSE and Technical training solutions […]

Total awarded an exploration license on Block 12 in Oman

Total awarded an exploration license on Block 12 in Oman

April 10, 2019 No Comments

Total and the Ministry of Oil and Gas of the Sultanate of Oman (MOG) have signed a Heads of Agreement (HoA) for the award to Total of an exploration license on Block 12 with significant prospective gas resources. Under the terms of this HoA, both parties will finalize in the coming months, on an exclusive […]

Total and Guanghui sign LNG Sale and Purchase Agreement

Total and Guanghui sign LNG Sale and Purchase Agreement

April 10, 2019 No Comments

Total and Guanghui1 have signed a long-term Sale and Purchase Agreement (SPA) for the supply of 0.7 million tonnes per year of liquefied natural gas (LNG) for a period of 10 years. The gas will be delivered to Guanghui’s regasification terminal in Qidong, Jiangsu Province, from Total’s global LNG portfolio. “We are delighted to start […]

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