BP Oman announced that progress in construction works in the Central Processing Facility (CPF) at the Ghazeer project has reached 69% during August. The company said the achievement is a major step towards producing first gas from the project by early 2021.
The Ghazeer extension, sanctioned in early 2018, is this second phase of the Khazzan field project in Block 61, which was developed through a gas sales agreement and an amended production sharing agreement (EPSA) between the government of the Sultanate of Oman and BP Oman.
BP is the operator of Block 61 and holds a 60% interest, while Oman Oil Company for Exploration & Production (OOCEP) holds a 30% interest and PC Oman, a subsidiary of Petronas, holds 10%.
According to BP, contracts worth $1.1 billion were awarded to Omani-registered companies to work across the Khazzan and Ghazeer projects in 2018. BP has had an upstream presence in Oman since 2007.