http://www.worldoil.com WorldOil Oman Oil said to seek buyers for stake in Khazzan gas field https://www.worldoil.com/news/2018/5/30/oman-oil-said-to-seek-buyers-for-stake-in-khazzan-gas-field Oman Oil Co. is planning to sell a 10% stake in a key natural gas field in the sultanate amid a review of the state-owned energy producer’s options for restructuring its business, according to people with knowledge of the matter. Total signs MOU for integrated gas project In Oman https://www.worldoil.com/news/2018/5/14/total-signs-mou-for-integrated-gas-project-in-oman Total has signed a Memorandum of Understanding (MOU) with the Government of Oman to develop natural gas resources in Oman. This MOU covers both upstream and downstream businesses. BP to develop second phase of Oman’s giant Khazzan gas field https://www.worldoil.com/news/2018/4/9/bp-to-develop-second-phase-of-oman-s-giant-khazzan-gas-field BP today announced that, together with its partner the Oman Oil Company Exploration and Production, it has approved the development of Ghazeer, the second phase of the giant Khazzan gas field in Oman. Petrofac secures contract with Petroleum Development Oman https://www.worldoil.com/news/2018/3/29/petrofac-secures-contract-with-petroleum-development-oman Petrofac has been awarded a contract worth $265 million for the development of the Marmul Polymer Phase 3 (MPP3) Project in southern Oman. Turbodrills reduce well time and deliver lower cost per foot in hard and abrasive formations https://www.worldoil.com/magazine/2018/february-2018/features/turbodrills-reduce-well-time-and-deliver-lower-cost-per-foot-in-hard-and-abrasive-formations Downhole turbines are a solution in hard and abrasive formations, otherwise inaccessible with conventional motors. Halliburton provides major software grant to Sultan Qaboos University https://www.worldoil.com/news/2018/1/10/halliburton-provides-major-software-grant-to-sultan-qaboos-university Halliburton has announced a multi-million dollar software grant to the Colleges of Science and Engineering at Sultan Qaboos University in Oman. The grant provides access to leading industry software in geoscience, drilling and reservoir management so that students can gain practical experience to prepare for successful careers in the oil and gas industry. Gulf Arab Energy producers issue record debt for expansion https://www.worldoil.com/news/2017/12/28/gulf-arab-energy-producers-issue-record-debt-for-expansion Gulf Arab energy companies issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans. Petrofac awarded contract for Khazzan phase 2 in Oman https://www.worldoil.com/news/2017/12/12/petrofac-awarded-contract-for-khazzan-phase-2-in-oman Petrofac has been awarded a lump-sum contract worth approximately $800 million by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 (Ghazeer) gas development in the Sultanate of Oman. Eni signs EandP sharing agreement for Block 52, offshore Oman https://www.worldoil.com/news/2017/11/14/eni-signs-ep-sharing-agreement-for-block-52-offshore-oman The Government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP), a subsidiary of state company Oman Oil Company SAOC (OOC), and Eni today entered into an Exploration and Production Sharing Agreement (EPSA) for Block 52, located offshore Oman. BP's Dudley inaugurates Oman's Khazzan field https://www.worldoil.com/news/2017/11/9/bps-dudley-inaugurates-omans-khazzan-field The first phase of development of Oman’s giant Khazzan gas field was officially inaugurated by BP CEO Bob Dudley and Sayyid Haitham bin Tarik Al’Said, minister of heritage and culture for Oman.