Project Detail |
Client: Petroleum Development Oman
Project value: US$1bn
Location: 350 km south west of Muscat
In 2015, Petrofac was awarded its second contract with Petroleum Development Oman (PDO) for the Yibal Khuff project, an integrated oil and sour gas facility located approximately 350 km south west of Muscat.
Similar to the Rabab Harweel Integrated Project, Petrofac is providing engineering, procurement, construction management and commissioning support services on a reimbusable basis with incentives. This enables us to procure the materials, leveraging the purchasing capability of our lump-sum turnkey (LSTK) business, and sharing the savings with our client.
PDO has seen some significant benefits as a result. Across both projects our procurement leverage returned savings of more than US$300 million to PDO
The Yibal Khuff project is a technologically complex project due to the mega high sour oil and gas content.
We’ve been able to share all our learnings from our early collaboration with PDO to form a strong strategic partnership, working as one team to deliver fantastic results. This has included staying aligned to the achievement of the scheduled milestones and implementing new ways of working, such as the introduction of a material traceability and management system for structural steel.
We’re implementing work face planning to support construction packaging using Construct-Sim software. The Information Management systems implemented by Petrofac have received accolades from PDO and will be used on future projects.
Capacity
When complete, the Yibal Khuff field will deliver:
5 MM SCMD of associated gas
Around 10,000 BPD of oil
Development of the field will add to PDO’s future oil production, whilst the associated gas will be used for power generation and enhanced oil recovery developments.
Resourcing
The project is supported by around 540 Petrofac employees.
?For the first time in Petrofac’s history, the offsite and pipeline scope of the project is being executed from our Muscat engineering office.
In-Country Value (ICV)
In August 2018, the Yibal Khuff project team received an ICV Award from PDO for its outstanding performance. At a ceremony in Muscat, the team was commended for its commitment to providing In-Country Value (ICV) through the employment and training of Omanis, and utilisation of local supply chain. |