Petroleum Development Oman plans first of three $1bn schemes to maintain sultanates oil output
Oman is preparing to tender the main packages on its $1bn Rabab Harweel Integrated Project (RHIP), which is planned to help offset the natural decline of the sultanates oil fields.
Project owner, Petroleum Development Oman (PDO), is planning to tender the engineering, procurement and construction (EPC) contract for the off plot construction services by the end of September, with the package for on plot works also likely to be tendered.
The company expects to award the off plot contract in the third quarter of 2014 after receiving EPC bids from international contractors. The oil field is located in PDOs Block 6 concession in onshore central Oman.
PDO is planning three major onshore oil projects RHIP, Yibal Khuff and Budour to maintain the companys capacity at about 550,000 barrels a day (b/d).
The projects will implement enhanced oil recovery (EOR) techniques including steam injection, chemical injection and sour gas injection.
The early works package on Yibal Khuff is expected to be tendered in the first quarter of 2014.
PDO, a joint venture of the Omani government, UK/Dutch Shell group, Frances Total and Portugal-based Partex, produces 550,000 b/d out of Omans total crude output of about 900,000 b/d.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.