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$3bn in gas projects deals awarded by BP in Oman

: Wednesday, April 16 - 2014 @ 09:23

British Petroleum has said projects worth $3bn have been awarded since February this year for developing the Khazzan tight gas field in north-central Oman, Times of Oman has reported. “We are in action…we have already started drilling our first development well, building roads and designing buildings,” Dave Campbell, vice-president of operations, BP Oman. The British oil giant and the Omani government have signed an agreement for the full field development of Block 61, with a total capital expenditure of $16bn for drilling 300 wells, a gas-processing plant and related facilities.

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Wednesday, April 16- 2014 @ 9:23 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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