Cooperation between Glass Point and Occidental Amman to boost oil production in Oman



[ad_1]

13 11 2018

Glass Point Solar and Occidental Oman signed a cooperation agreement for the construction of a 2-gigawatt solar steam plant in the Makhzinah field in the Sultanate. Under this agreement, GlassPoint will use its innovative solar technology to produce up to 100,000 barrels of steam a day, which Western will purchase and use for heavy oil production. With the completion of preliminary studies, engineering work has begun to determine the scope of the project and plan to integrate solar technology into oil extraction operations in the Mukhizna field.

"As part of our ongoing efforts to diversify the national economy and develop the renewable energy sector in the Sultanate, we are seeking the best possible way to conserve valuable natural gas," said the Minister of Petroleum and Petroleum. Gas, Mohammed bin Hamad Al Rumhi. The Sultanate is rich in heavy oil deposits, providing a unique opportunity to deploy solar energy technologies to produce and conserve gas and profit from it in power generation and other industries. We are pleased to witness the successful cooperation between Occidental Oman and Glass Point Solar, which will have a positive impact on the economic and environmental aspects of the Sultanate.

Occidental Oman has been operating in the country for over 30 years and is the largest independent oil producer in the country. In the Mekhizna field, the company is implementing one of the largest steam recovery projects in the world.

Stephen Kelly, president and CEO of Occidental, said: "We are delighted to launch a joint venture with GlassPoint to strengthen our environmental efforts in the Sultanate and strengthen our position in the economy Based on low-carbon energy sources, this collaboration will provide us with a strategic opportunity to start using solar energy as a sustainable energy source, reducing the carbon footprint of our business.

"We look forward to continuing our success in Oman by participating in this mega project," said Steven Moss, CEO of Glass Point Solar. The willingness of Western Oman to implement it clearly demonstrates the role that renewable energy sources can play in reducing energy consumption and the environmental impact of oil production activities. We are pleased to start cooperation with Western Oman and promote the growth of the solar energy sector in the Sultanate and the global oil production market with this clean energy.

Advertising

© Vision 2018

[ad_2]
Source link