UN­LOCK­ING THE GAS PO­TEN­TIAL OF OMAN

Oil and Gas - - SPECIAL EDITION -

Hal­libur­ton con­grat­u­lates the Sul­tanate of Oman on its 40th an­niver­sary of gas pro­duc­tion, and the com­pany feels priv­i­leged to be a trusted part­ner in the coun­try’s ex­pand­ing oil and gas (O&G) in­dus­try. Oman’s gas de­vel­op­ment jour­ney has been very suc­cess­ful since 1978, when the Yibal gas plant was in­au­gu­rated by His Majesty Sul­tan Qa­boos bin Said al Said, ush­er­ing in the era of gas pro­duc­tion in the Sul­tanate.

As Zei­noun Klink, Com­pany Vice Pres­i­dent in Oman, said, “We at Hal­libur­ton are proud of play­ing a cru­cial role in the de­vel­op­ment of gas as­sets in Oman. Our vi­sion is to bring in­no­va­tive tech­nolo­gies and so­lu­tions; in­vest in in coun­try value (ICV) pro­grammes; and help de­velop peo­ple and lo­cal com­pa­nies, with a strong fo­cus on health, safety, and en­vi­ron­ment (HSE) and ser­vice qual­ity (SQ).”

“We have worked hand in hand as the Sul­tanate de­vel­oped its gas as­sets on the coun­try’s jour­ney to be­com­ing a noted gas ex­porter among its peers, and we fore­see our as­so­ci­a­tion con­tin­u­ing to strengthen as this jour­ney un­folds fur­ther in the com­ing years through the Yibal Khuff, Khaz­zan, Ghazeer, Rabab Har­weel, and Bu­dour mega projects.”

Hal­libur­ton recog­nises the chal­lenges faced by op­er­a­tors in Oman in both its con­ven­tional and un­con­ven­tional gas as­sets, as op­er­a­tors strive to im­prove well de­liv­er­abil­ity while man­ag­ing de­vel­op­ment drilling and com­ple­tion costs from com­plex ge­ol­ogy dat­ing back 540 mil­lion years to the Pre­cam­brian era.

Hal­libur­ton Busi­ness De­vel­op­ment Man­ager An­drey Krokhin stated, “We at Hal­libur­ton col­lab­o­rate and en­gi­neer so­lu­tions to max­imise as­set value for our cus­tomers. We have de­vel­oped and im­ple­mented var­i­ous tech­nolo­gies and so­lu­tions in Oman to in­crease pro­duc­tion and re­duce cost. We are proud of our con­tri­bu­tion in the de­vel­op­ment of the oil and gas in­dus­try in Oman, and look for­ward to con­tin­u­ous col­lab­o­ra­tion and value cre­ation for our cus­tomers and our coun­try.”

Since 1989, Hal­libur­ton has been an ac­tive tech­nol­ogy part­ner for the O&G in­dus­try in the Sul­tanate of Oman. It has played a key role in pro­vid­ing best-in-class tech­nol­ogy, along with en­gi­neered so­lu­tions and ef­fi­cient ex­e­cu­tion ser­vices in part­ner­ship with the coun­try’s O&G providers as they de­vel­oped these O&G as­sets.

The com­pany’s strat­egy has al­ways been to pro­vide en­gi­neered so­lu­tions to im­prove pro­duc­tiv­ity at a lower de­vel­op­ment cost, and we are con­tin­u­ing to de­liver on this strat­egy by im­ple­ment­ing best-in-class re­sources (per­son­nel and equip­ment), work­ing ef­fi­ciently, and ad­her­ing to the world-class HSE stan­dards that are al­ready in place in Oman.

Hal­libur­ton has brought in in­no­va­tive and proven tech­nolo­gies in the do­main of stim­u­la­tion, col­lab­o­ra­tive well place­ment (en­abling faster drilling at lower costs), well in­tegrity so­lu­tions, dig­i­tal in­no­va­tions in both cloud com­put­ing and soft­ware plat­forms to im­prove data man­age­ment, and an­a­lyt­ics that are paving the way for op­ti­mal as­set man­age­ment.

Hal­libur­ton be­lieves strongly in de­vel­op­ing in-coun­try tal­ent; over 80 per­cent of our in-coun­try em­ploy­ees are Oma­nis, and we are con­tin­u­ously in­vest­ing heav­ily in de­vel­op­ing lo­cal tal­ent through best-in-class train­ing and hands-on ex­pe­ri­ence. We have had heavy in­volve­ment in the de­vel­op­ment of ICVs through our ex­ist­ing con­tracts and have also as­sisted lo­cal en­ergy en­ti­ties to garner knowl­edge of ef­fi­cient tech­nolo­gies and best prac­tices to im­ple­ment in Oman.

All these ini­tia­tives show­case our en­deav­our to in­vest in the grow­ing re­gional O&G com­mu­nity and to de­liver value back to the peo­ple of the Sul­tanate, as they strive to­ward de­vel­op­ing the coun­try’s O&G as­sets with the most ef­fi­cient tech­nolo­gies and pro­cesses avail­able. “We are proud of our par­tic­i­pa­tion in Oman’s O&G de­vel­op­ment jour­ney so far, and look for­ward to strength­en­ing this bond even more go­ing for­ward.”

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