Energy
Shell Announces Start Of Gas Production At Block 10
Shell Integrated Gas Oman BV, a subsidiary of Shell plc announced the start of gas production from the Mabrouk North East field at Block 10 in the Sultanate of Oman.
Production from Block 10 concession area is expected to reach 0.5 billion standard cubic feet of gas per day (bscf/d) by mid-2024, with the produced gas supplied to the OQ Gas Network that feeds local industries and export facilities alike.
Shell holds a 53.45% working interest in Block 10, with OQ and Marsa Liquefied Natural Gas LLC (a joint venture between TotalEnergies and OQ) holding 13.36% and 33.19% respectively.
Commenting on this milestone, Eng. Salim Nasser Al Aufi, Minister of Energy and Minerals said, “This accomplishment strengthens Oman’s rich natural gas reserves, whilst bringing value to support Oman’s energy transition and achieving Net Zero Emissions by 2050. Attracting foreign investment to Oman is a key enabler for achieving economic growth and realizing Oman Vision 2040.”
Walid Hadi, Oman Shell’s Senior Vice President and Country Chair, said, “Shell and the Government of Oman are developing options for a separate downstream gas project in which Shell could produce and sell low-carbon products and support the development of blue hydrogen in Oman. The proposed blue hydrogen project is subject to further agreements and future investment decisions.
-
Uncategorized2 months ago
Oman Oil Marketing Company partners with Ihsaan Association to support its activities
-
Alamaliktistaad Magazines4 weeks ago
Al-iktisaad, October 24
-
OER Magazines4 weeks ago
Signature, October 24
-
Commodities2 months ago
Gold Rangebound as Investors Brace for Key US Economic Data
-
Banking & Finance2 months ago
Apple Pay Officially Launched in Oman
-
Oil & Gas2 months ago
OQEP Appoints United Securities as Liquidity Provider Ahead of Landmark MSX Listing
-
Lifestyle2 months ago
Royal Opera House Muscat Welcomes First Shows of its 2024/25 Season
-
Magazines3 weeks ago
OER, October 24