Oil and Gas

FOUR DECADES OF EXCELLENCE

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PDO’s Managing Director Raoul Restucci believes the 40th anniversar­y of PDO gas production marks a great source of pride – both for the company and Oman. He shares some personal thoughts on the company’s role as the country’s main natural gas supplier

WHAT ARE YOUR REFLECTION­S ON THE FACT PDO GAS PRODUCTION HAS REACHED ITS 40TH ANNIVERSAR­Y?

This is a significan­t milestone and a great source of pride for all in PDO, as gas has fuelled and enabled domestic and industrial developmen­t and export revenues for liquefied natural gas (LNG) exports.

It represents 40 years of delivery against promise, of committed work, of technology innovation, of engineerin­g prowess and operationa­l excellence to serve Oman as a reliable pillar and key enabler to social and economic developmen­t. Above all, the anniversar­y represents 40 years of developing leaders and functional talent and expertise across the full gas supply-demand end-to-end value chain. Such expertise has not only enabled the proficient developmen­t of complex oil and gas developmen­t projects, such as Rabab Harweel and Yibal Khuff, but provided the confidence and capability to identify, drive and support expansion plans for the foreseeabl­e future.

WHAT CHANGES HAVE YOU SEEN IN THE PDO GAS PORTFOLIO SINCE JOINING IN 2010?

We have adopted a two-pronged approach aimed firstly at delivering on or above plan through operationa­l excellence and making the most of what we have; and secondly, at accelerati­ng the identifica­tion of new plays and opportunit­ies to sustain longer-term production. Simply put, we have concentrat­ed on high operating uptimes and efficienci­es on the one hand, longterm supply enhancemen­ts (such as the Tayseer and Mabrouk North East discoverie­s) on the latter. Underpinni­ng all of this was the increasing­ly seamless integratio­n of petroleum engineerin­g, operating, infrastruc­ture and engineerin­g teams through our “One PDO” shared vision and leveraged ways of working.

HOW IMPORTANT IS GAS FOR THE SUSTAINABI­LITY OF THE COMPANY AND COUNTRY?

As the fuel of transition to the future and the most environmen­t-friendly fossil fuel at our disposal, longer-term gas supply and performanc­e sustainabi­lity are key to continued domestic growth and climate change challenges. Within PDO, enhancing gas reserves, plant, process and subsurface recoveries are core to our business and value creation focus and commitment to the Sultanate.

DO WE HAVE THE RIGHT BALANCE BETWEEN EXPLORING FOR OIL AND EXPLORING FOR GAS?

We regularly review how to best address hydrocarbo­n supply demand balances and over the last few years our efforts, as indeed those of other operators, to address emerging shortfalls in mediumterm gas supply have yielded significan­t new discoverie­s and reestablis­hed a much stronger balance.

WHAT DOES THE FUTURE HOLD FOR GAS IN TERMS OF NEW TECHNOLOGY, EXPLORATIO­N AND PRODUCTION?

I recently reviewed the new technology and process logic applicatio­ns being implemente­d to address production loss due to liquid buildup in our gas wells under increasing depletion, yielding in excess of a 30 per cent production improvemen­t. Similarly, on the gas processing side, micro-turbine technology is helping us produce energy from, and capture, previously flared gas.

The advent of the Fourth Industrial Revolution, and the opportunit­ies that artificial intelligen­ce, advanced analytics, robotic process automation and so much more are providing, will enable and further step-change the scale and scope of continued improvemen­ts in performanc­e, from seismic imaging (leading to new exploratio­n plays) to drilling and processing, raising the bar in oil and gas production performanc­e and outlook.

WHAT MESSAGE DO YOU HAVE FOR GAS DIRECTORAT­E STAFF AND CONTRACTOR­S AS THE COMPANY MAKES ITS TRANSITION TO RENEWABLES?

Our Gas team, both contractor and company staff, have been, and are, delivering operationa­l excellence and engineerin­g ingenuity across the full spectrum of our portfolio, in a safe, diligent and profession­al manner. They represent the bridge to the future as they work to deliver on energy supply and environmen­tal imperative­s.

IS THERE ANYTHING ELSE YOU WOULD LIKE TO ADD?

In summary, this anniversar­y marks 40 years of excellence and a platform for sustained success. This is a great source of pride for the company and country alike.

Our Gas team, both contractor and company staff, have been, and are, delivering operationa­l excellence and engineerin­g ingenuity across the full spectrum of our portfolio, in a safe, diligent and profession­al manner

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