FOUR DECADES OF EX­CEL­LENCE

Oil and Gas - - CONTENT -

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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