BP Oman says Khazzan gas project 65% completed
First gas from the Khazzan field is expected in late 2017 and production will eventually result in an increase of around 40% to Oman's natural gas supply
BP Oman on Sunday announced that the build phase of its project to deliver gas from the Khazzan field is now 65% completed.
First gas from the Khazzan field is expected in late 2017 and production will eventually result in an increase of around 40% to Oman’s natural gas supply, according to a report carried by Muscat Daily.
Addressing the annual media briefing of the Ministry of Oil and Gas on Sunday, Yousuf al Ojaili, president of BP Oman, said, “BP Oman’s work at Khazzan will make a huge contribution to Oman’s energy supply, improving both energy security and the country’s foundations for industrial diversification.”
“The passing of 65% completion milestone is a testament to our commitment and ability to achieve this,” he said.
Ojaili added that around 11,000 jobs have been created in the development of Khazzan. He said up to Q4 2015, the in-country value contribution was around 43% of BP’s third party spend.
Ojaili added that the proportion of Omanis working at BP Oman has risen to 72% with a target of 90% by 2020.
BP Oman is the lead partner in the Khazzan project with 60% interest, while Oman Oil Company Exploration and Production (OOCEP) holds rest 40% interest.