Oman
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The $2.59-billion deal advances BP’s effort to divest $25 billion of its global proceeds by 2025.
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The move will give the new entity shareholding in PDO and remove PDO’s oil and gas expenditures from Oman’s state budget.
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GlassPoint Solar was founded in 2008 to replace the use of natural gas for steamflooding heavy-oil reservoirs. But amid low energy prices, its chief investor has decided to pull the plug for good.
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This paper demonstrates how maintaining investment in high-quality 3D seismic during the last downturn, together with selective exploration, quality geoscience, application of new technologies, and efficiently maturing discoveries to early cash flow, was successful in sustaining future production.
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Field N is a complex heavy-oil field in the north of the Sultanate of Oman. The dynamic behavior of Field N is characterized by strong aquifer and is dominated by bottomwater drive.
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A thermal asset in Oman is characterized by a large-scale steam-drive/cyclic-steam-soak development project, underpinned by extensive data gathering.
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This paper covers the staged field-development methodology, including analysis and evaluation of various development concepts, that enabled the company to optimize both completion design and artificial-lift selection, reducing downtime and lowering operating costs by nearly 50%.
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In this paper, the authors describe a project to design, field trial, and qualify an alternative solution for real-time monitoring of the oil rim in carbonate reservoirs that overcomes these disadvantages.
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By racking up exploration agreements in the United Arab Emirates, Oman, and Bahrain, Eni took a big step forward in its pledge to tap into the Middle East’s vast swaths of highly prospective oil and gas acreage.
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Seismic stimulation, achievable with the implementation of a single tool, requires significantly lower investments than gas, thermal, and chemical injection methods, with minimal environmental impact.