Oxy and OQGN collaborate to enhance oil recovery in Oman

Oxy Oman and OQ Gas Networks have signed a Memorandum of Understanding to investigate the possibility of carbon capture to enhance oil recovery opportunities in Oman.

A Memorandum of Understanding (MoU) has been signed between Oxy Oman and OQ Gas Networks SAOC (OQGN) to collaboratively investigate possible carbon capture, utilization, and sequestration (CCUS) projects in Oman. Under the terms of the MoU, the firms will work together to investigate the creation and application of CCUS in support of Oxy's production assets in Oman that are being enhanced oil recovered (EOR) projects.

As per the agreement, Oxy Oman and OQGN will share knowledge and technical skills to create plans that will allow CCUS projects to be implemented in Oman in accordance with the country's strategic direction. These projects will include carbon capture, the transportation of carbon dioxide to Oxy Oman's production assets for EOR, and assistance in the formulation of pertinent policies and procedures in collaboration with the relevant government agencies.

On behalf of their respective companies, Mansoor Al Abdali, Managing Director of OQGN, and Steven Lauver, President & General Manager of Oxy Oman, signed the MoU. Accompanying the official ratification event for the CCUS and Blue Hydrogen Policy & Regulatory Framework Terms of Reference (CCUS TOR), the signing event was hosted by H.E. Mohsin Al Hadhrami, Undersecretary of the Ministry of Energy and Mineral.

The purpose of the CCUS TOR is to promote the successful implementation of CCUS in Oman by facilitating successful cooperation between key stakeholders in the government and the oil and gas industry.