December 28, 2016
November 16, 2016 - Japan Oil, Gas and Metals National Corporation (JOGMEC) and Ministry of Oil and Gas (MOG, the Sultanate of Oman) signed an extension to Memorandum of Understanding (MOU) for bilateral technical cooperation which was signed on 9 January 2014.
Both parties are to engage in discussion about the cooperation to counter technical challenges faced in the Sultanate of Oman including reduction of flaring gas and produced water treatment. A part of such series of activities will be a technical workshop planned to take place in Muscat, which is a novel initiative in our attempt to introduce the latest Japanese technologies and discuss technical details with experts in oil and gas industry in Oman for possible solutions. A collaboration work between JOGMEC and MOG, the oil & gas company upon EOR technology applying for the declining oil field is also discussed.
Oman is an important supplier of crude oil and LNG to Japan. Location of its export terminals, out of the Strait of Hormuz, means that undisrupted shipment can be secured in case of emergency situations in the Middle East. Further, its historical ties with Japan in addition to geopolitical significance deserve attention. The extension of the MOU, we believe, is not only to contribute the advancement of Oman and Japan relations but also to build stronger foundation on which Japanese oil & gas companies’ activities are based.
■Following technical and human resource cooperation between JOGMEC and MOG are mutually agreed to be continued for another three years.
・Joint technological studies including evaluation and application of the most up to date Japanese technologies available to provide solutions for challenges in exploration, development and production of oil and natural gas, such as information technology, nano-technology/material and environmental technology and others.
・Development of human resources through training programs and technical workshops.
・Oil and gas exploration and development including application of IOR/EOR.
Technical Solutions Project Group
Public Relations Division