BP Awards $730m Oman Contracts

BP Awards $730m Oman ContractsBP Awards $730m Oman Contracts

BP awarded two drilling contracts worth $730m for the development of its Oman's Khazzan tight gas project, TradeArabia quoted the company as saying on Thursday. The Khazzan project aims to extract around one billion cubic feet per day of gas from sandstone with low permeability at depths of up to 4,500m in Central Oman.