MUSCAT: The Rabab Harweel Integrated Project (RHIP) will start operating in the southern region of the company’s concession area which is the largest project implemented by the company in terms of capital costs, and will provide the opportunity to develop 240 million barrels of oil and 100 million barrels of condensate, and is expected to have a trillion cubic feet of non-associated gas in the third quarter of this year, said Abdul Amir al Ajmi, External Affairs and Value Creation Director, Petroleum Development Oman (PDO).
Al Ajmi added that work is under way on Yibal Khuff project, one of the most complex projects in the company’s history, and added that these projects will play a major role in the development of economic activity over the coming years in the Sultanate.
This was revealed during a meeting organised by PDO at Oman Convention and Exhibition Centre under the auspices of Ali bin Khalfan al Jabri, Under-Secretary of the Ministry of Information, with media persons and journalists from various organisations in the Sultanate to discuss the latest developments of the projects carried out by the company.
PDO official said that the achievements during the past year will be reviewed in addition to current and future projects at the annual conference to be organised by the Ministry of Oil and Gas on March 20.
Al Ajmi pointed out that PDO operates in the sixth square, with an area of 90,000 square kilometres, where 10,000 wells have been drilled in the 6th square, with distances of 1,100 kilometres, indicating that the most important challenges in the oil and gas sector is the decline of light oil, which made the company use modern technology in oil extraction techniques, including enhanced oil recovery and others.
He said in 2018, the company has provided more than 17,000 training opportunities coupled with employment, direct employment or re-assimilation of national works in some fields and contracts, pointing out that the company aims at offering 21,000 jobs this year.
Meanwhile, PDO has plans to increase its Omanisation rate from the current 79 per cent to 90 per cent by 2030. He also said that PDO continues its support to young Omanis by providing job opportunities. — ONA
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