SLB Wins Contract for Bisat Field Expansion in Oman
- Reports
- 11
- Developments
- 5
- Repetition
- 82%
New informationRepeats or wire copies
What happened
SLB has been awarded a contract by OQ Exploration & Production (OQEP) to manage the expansion of the Bisat-B production facility in Oman. The project aims to increase the gross fluids handling capacity to 548,000 barrels per day. Under the contract, SLB will provide design, engineering, procurement, construction, and commissioning services, followed by four years of operations and maintenance support.
From worldoil.com
Why it matters
The award represents the next phase of development for the Bisat field, which is located in a region noted for its importance to global oil transit. The contract follows previous work by SLB at the Bisat field.
The region is noted as being key for global oil transit.
From worldoil.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SLBSpeculative
SLB could secure a major revenue stream through the execution of the multi-year expansion and subsequent operations and maintenance phase.
How it developed
Newest first. Tap a step to see who reported it.- SLB is contracted to develop infrastructure for the Bisat Field in Oman.Sub-event
SLB secured a contract for Bisat field expansion in Oman.1 source
- Oman signs mining concessions with Emaar Mining Co. and Gulf Royal Minerals and Energy Co.Sub-event
- Oman is seeking sustainable mineral extraction methods, involving the use of bioleaching technology.Sub-event
Specific update on oil exploration and production assets in Oman.1 source
Keep exploring
The entities involved
-
Oman
sovereign state in western Asia
- Oman is mediating talks between the US and Iran regarding the fate of Iran's enriched uranium stockpile, while Trump issues threats against Oman.
- Trump ordered a temporary halt to US attacks on Iran, while the Pentagon reinforced its presence near the country. Qatar has been central to shuttle diplomacy, with Oman providing proposals regarding the Strait of Hormuz.
Related events
- Oman's financial activities are centered in Muscat.
- A co-founder observed market dynamics in Oman in September 2026.
- Sultan Qaboos University is conducting research activities in Oman.
- Oman Investment Bank discussed cooperation with Uzbekistan’s Technological Metals Complex on October 30, 2026.
- A strategic partnership was discussed during an official visit involving Oman.