OQEP, the listed upstream subsidiary of state Omani energy firm OQ, has undergone phenomenal growth over the past 15 years, with net production rising from 18,000 b/d in 2009 to around 230,000 b/d. But OQEP is not about to rest on its laurels and has ambitions to boost output further with a focus on gas to achieve a balanced portfolio. OQEP CEO Ahmed al-Azkawi sat down with MEES on the sidelines of the Oman Petroleum and Energy Show (MEES, 21 May).
“We intend to go beyond our current 230,000 boe/d,” al-Azkawi says. Not only is the company taking a lead role in Oman’s latest bid round through partnerships with international firms (MEES, 14 March) but OQEP’s existing assets are on a growth trajectory. (CONTINUED - 816 WORDS)
