Track record Upstream Investor Day & Fieldtrip Oman 2018 Oman Michael Townshend Regional President, Middle East BP UPSTREAM INVESTOR DAY AND FIELDTRIP 1
BP in Oman history 2018 Ghazeer (Khazzan Ph2) FID 1937 PDO Khazzan 2013 2017 BP 23.75% interest in Petroleum Khazzan Khazzan discovery Development Oman and Dhofar Ph1 FID first gas 1920 1930 1980 1990 2000 2010 1927 2007…
Largest tight gas development in Middle East Block 61 interest Khazzan and Ghazeer fields combined 2,550km2 BP 60% OOCEP1 30% PETRONAS2 10% Phase 1 Phase 1 1bcfd, 25mboed Khazzan Khazzan OMAN condensate Phase 2 First gas 2021…
Khazzan project progress and plan Expected recoverable gas Development capital 2018 highlights: gross tcf gross bn Khazzan Ghazeer Khazzan Ghazeer ADIPEC Awards Digital transformation project of the year 10.5 16 16 Eleven rigs to…
Project progress Khazzan Phase 2 (Ghazeer) 3rd gas train and 2nd condensate train New gas export pipeline 7% ahead of plan First gas expected in 2021 First structural concrete pour for utility area foundations in the brownfield…
Beyond 2020 future growth Block 61 Increase recovery beyond 10.5tcf Get close to 2bcfd with a 1.5bcfd plant Maximise condensate production Downstream Gas market development options including acetic acid Exploration…
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