Stay updated with breaking news from Dan Brostr. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
@conradprabhu - Buoyed by resurgent international oil prices, the biggest shareholder in Masirah Oil Limited (MOL) – the operator of Block 50 offshore the Sultanate of...
Oman: Masirah Oil completes upgrade of Yumna field process facilities 17 Mar 2021 Masirah Oil has announced completion of the upgrade to the Yumna field process facilities, which has more than doubled the liquid handling capacity on the Mobile Offshore Production Unit (MOPU) to 30,000 barrels per day. Following the upgrade, the Yumna field has been tested steadily over the last week at rates of 20,000 barrels of oil per day. The production rate will be regularly optimised and has now been choked back in accordance with the reservoir management plan, aimed at maximising recovery from the fie...
Oman: Masirah Oil spuds Yumna-2 development well in Block 50 offshore Oman 20 Dec 2020 Yumna-2, in the Yumna field. in Block 50, offshore Oman. A third development well will be drilled back-to-back with Yumna-2. The three production wells in the Yumna field have been positioned to optimally drain the reservoir and maximise recovery. A wildcat exploration well is also planned during the drilling campaign to evaluate one of the nearby lookalike prospects. The drilling campaign is expected to last for 90 days, after which the rig will be released. Masirah Oil holds a 100 per cent interest in B...