Total Signs MOU with Oman Government to Develop Natural Gas Resources
French energy group Total said that it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the Gulf state. “Total and Shell as operator will develop several natural gas discoveries located in the Greater Barik area on onshore Block 6 with respective shares of 25 percent and 75 percent,” Total said in a statement.
The project is expected to have initial production of around 500 million cubic feet of gas per day, rising to a potential of 1 bcf/d.
It said that “Total will use its equity gas entitlement as feedstock to develop in Oman a regional hub for Liquefied Natural Gas (LNG) bunkering service to supply LNG as a fuel to marine vessels.”
Under the terms of the contract, KBR will provide overall project management, multi-discipline engineering support, procurement and construction management services to BOC under a two plus one year extendable service contract.
Mr. Jay Ibrahim, KBR president Europe, Middle East, Africa and Asia-Pacific region, said that “KBR has a long and rich history in Iraq and we are excited to be able to leverage our broad expertise in onshore oil and gas processing facilities across the project lifecycle as a true partner to BOC.”
He said that “This award highlights BOC’s confidence in KBR’s capabilities to deliver in multiple engineering discipline areas across a variety of projects,” Ibrahim continued. “We look forward to transferring our knowledge and experience to local Iraqis in order to leave a lasting legacy in the country.”
Estimated revenue will be booked into the Hydrocarbons Services business segment as work orders are released.
Source: Steel Guru
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