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  • PETRONAS and Partners Announce First Gas In Oman's Ghazeer Field
    édité le 13/10/2020 - Plus de news de "Petronas" - Voir la fiche entreprise de "Petronas"

PETRONAS and Partners Announce First Gas In Oman's Ghazeer Field
PETRONAS through its subsidiary, PC Oman Ventures Ltd (PCOVL) together with its partners, BP Exploration (Epsilon) Limited and Makarim Gas Development LLC, a subsidiary of OQ, today announced the start of production from its Ghazeer gas field (Phase 2), located in Block 61, Sultanate of Oman, three years after the Khazzan gas field (Phase 1) was brought online.

With Ghazeer, the production capacity from Block 61 is expected to rise to 1.5 bcf/d with more than 65,000 bbls/day of associated condensate. Block 61 is operated by BP Exploration (Epsilon) Limited with a 60% participating interest, while PCOVL holds 10% and Makarim Gas Development LLC holds the remaining 30%.

PETRONAS President and Group Chief Executive Officer Tengku Muhammad Taufik said: “PETRONAS is proud to be part of the Block 61 consortium that has successfully delivered the start-up of Ghazeer ahead of schedule and most importantly, safely, amid challenging market conditions. This shared success is a result of a strategic collaboration among the consortium partners, contractors and the Government of the Sultanate of Oman. We look forward to strengthening this partnership as we progress together towards delivering clean, safe and reliable energy supply to the Sultanate of Oman, in line with the country’s 2040 vision.”

Block 61, being one of the Middle East’s largest tight gas accumulations, has the capacity to deliver approximately 35% of Oman’s total gas demand with an estimated 10.5 trillion cubic feet of recoverable gas resources. Development of the block is an important achievement and a key contributor towards Oman’s 2040 vision in terms of supporting the growth of local industries as well as diversifying its economy.

“As a progressive energy and solutions partner enriching lives for a sustainable future, our stronger commitment towards a lower carbon future is an essential part of PETRONAS’ sustainability agenda to deliver long-term positive impact wherever we operate,” Tengku Muhammad Taufik added.

About Petronas

Established in 1974, Petroliam Nasional Berhad (PETRONAS) is a global energy and solutions company, ranked amongst the largest corporations on Fortune Global 500®️. As an integrated global LNG producer with over 37 years of experience, PETRONAS provides an uninterrupted supply of LNG to more than 25 countries around the world. PETRONAS has safely delivered more than 11,000 cargoes globally, sourced from its portfolio of facilities located in Malaysia, Australia and Egypt. PETRONAS is also the first global energy player to introduce the floating LNG concept in 2016, the PFLNG SATU, and introduced its deep-water FLNG, the PFLNG DUA, in 2019.

Origine : Communiqué Petronas

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