SLB has signed a new contract with OQ Exploration & Production (OQEP) aimed at increasing the production capacity of the Baisat field in Oman. This project includes the development of the Baisat-B production facilities, and its fluid management capacity will reach 548,000 barrels per day.
Details of the Development Contract
According to this contract, SLB will be responsible for the design, engineering, procurement, construction, and commissioning of this development. Additionally, the company will provide operations and maintenance services for four years after the project's completion. The project execution timeline is set for 19 months, and this initiative is part of OQEP's plan to increase production at the Baisat field.
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SLB's Experience in the Baisat Field
Previously, SLB completed the Baisat-A facilities in 2018 and the Baisat-B facilities in 2020 as part of its earlier projects in the Baisat field. This new contract represents the next step in developing production infrastructure in this field. Jesus Lamas, Head of the Middle East and North Africa at SLB, stated that the company aims to develop production capacity and provide safe, efficient, and reliable performance in the coming years by combining its global experience with local knowledge in Oman.
The financial details of the contract have not been disclosed, but SLB will continue to provide integrated services from the engineering phase to commissioning in this project. This contract demonstrates SLB's commitment to developing oil and gas infrastructure in the region and addressing OQEP's production needs at the Baisat field.
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