Yousuf al Ojaili
,President,BP Oman
It has been a difficult year for the multi-national across the globe, but successful work has been carried out in Oman, particularly the Khazzan project – one of the region’s largest unconventional reserves.
BP Oman has built phase of its project to deliver gas from the Khazzan field is now 65% completed. First gas from the Khazzan field is expected in late 2017 and production will eventually result in an increase of around 40% to Oman’s natural gas supply.
Yousuf al Ojaili, president of BP Oman, said, “BP Oman’s work at Khazzan will make a huge contribution to Oman’s energy supply, improving both energy security and the country’s foundations for industrial diversification.”
Ojaili added that around 11,000 jobs were created in the Khazzan project. He said that up to Q4 2015, the in-country value contribution was around 43% of BP’s third party spend, adding that Omanis working at BP Oman has risen to 72%, with a target of 90% by 2020.