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BP Oman Khazzan field phase 2 development to begin in 2016

BP Oman Khazzan field phase 2 development to begin in 2016
(Photo credit: Arabianeye-Reuters)

 

Mubasher: BP Oman plans to begin drilling its first well for gas exploration as part of the second developmental phase for the Khazzan field before the end of 2016, said the company's president Yousuf Al Ojaili.

Speaking to Oman News Agency (ONA), the top official noted that he expects gas production from the second phase of the project which includes the drilling of 125 wells to be included in Oman's national grid by 2020.

Worth noting, BP and Oman Oil signed a preliminary agreement in February with the Omani Ministry of Oil and Gas to extend the licence area of Block 61 in the Khazzan gas field project by around 1000 sq. km.

BP is the operator of Block 61 with 60% interest and Oman Oil holds the other 40%.