BP sanctioned the second phase of Oman's giant Khazzan field, Ghazeer, which will add 500 million cubic feet of gas a day to its production following a final investment decision (FID) to develop the project.
BP sanctioned the second phase of Oman's giant Khazzan field, Ghazeer, which will add 500 million cubic feet of gas a day to its production following a final investment decision (FID) to develop the project.
Together with its partner, the Oman Oil Company Exploration & Production, BP confirmed that the Ghazeer project in Oman’s Block 61 is expected to come on stream in 2021, BP said in a statement.
Drilling on three development wells is already underway, with initial construction work also in progress at Khazzan to accommodate a third gas train.
“Following the successful startup of Khazzan, we are pleased to announce the sanction of Ghazeer, BP’s first project FID of 2018,” said Yousuf Al Ojaili, president of BP Oman.
“Through the transfer of industry-leading skills and technology from BP’s global portfolio, we look forward to further developing this gas field that is expected to support Oman’s energy needs for many decades to come.”
The approval for Ghazeer follows the successful start-up of Khazzan’s first phase of development in September 2017. One of BP’s seven major projects for last year, it is now producing at design capacity of around 1 billion cubic feet of gas a day (bcf/d) and around 35,000 barrels a day of condensate
Together, the Khazzan and Ghazeer developments are expected to deliver total production of 10.5 trillion cubic feet of gas and around 350 million barrels of condensate through until the end of the concession in 2043.
Source: Pipeline ME
