OPAL Issue 4 - September 2017

Page 1

September 2017

THE VOICE OF THE OIL & GAS INDUSTRY

www.opaloman.org

RENEWABLES: the future is bright WITH POWER DEMAND GROWTH SOARING, SEVERAL ARAB COUNTRIES HAVE ANNOUNCED AMBITIOUS PROJECTS DESIGNED TO INCREASE THE SHARE OF RENEWABLES IN THE ENERGY MIX

MARKET

PLUS

ANALYSIS

ARTICLES

INTERVIEWS

VIEWPOINT

PROJECTS

Triumphs and Travails

Strong production figures mirroring last year’s output highs have continued to buoy spirits in Oman’s oil and gas industry during the first half of this year. – HE Salim bin Nasser al Aufy

Economics of Oil and Gas in Oman

The hydrocarbon sector accounted for 27.4 per cent of nominal GDP in 2016, dropping significantly from a contribution of 34.1 per cent in 2015 and 46.4 per cent in 2014.

Khazzan on track for first gas

Phase 1 of BP Oman’s Khazzan development is on track to deliver first gas by end 2017 producing 1.0 billion cubic feet of gas a day (bcf/d).


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