BP is reportedly embarking on talks to sell perhaps 10% in the Khazzan tight gas field (block 61) in which it holds operatorship + 60%. This could carry a price tag of ab. USD 1 bn and would help reduce debt. Khazzan is said to be one of the largest fracking projects outside of the US and produces 1 Bcf/d, pushing to 1.5 Bcf/d by 2021. It is currently run by BP in partnership with OOC + Petronas.
Oman (Oman B.) Block 61 (Khazzan-Makarem Gas Field) op. by BP (60%), OQ (30%), PETRONAS (10%), BP is reportedly embarking on talks to sell perhaps 10% in the Khazzan tight gas field (block 61) in which it holds operatorship + 60%.