Challenges Facing the Oil Industry- Perspective from PDO North Assets

When:  May 13, 2012 from 6:30 PM to 8:30 PM (AST)
Associated with  Oman Section


Speaker: Badar Al Kharusi
 (Petroleum Development Oman LLC)



Abstract
:

The oil industry faces today a multitude of challenges that are common to most operators regardless of size, location or maturity of operation. These challenges are not only technical but economic, political and social. In many parts of the world the challenge with hydrocarbon resources is not availability and much as it is deliverability. Today for many operators the days of easy oil are gone, hence the call for technological solutions to unlock the remaining difficult deposits. Despite oil prices being at historical high, many operators find themselves fighting escalating costs and dwindling production levels. Society demands and expects more from the oil industry at present. Energy security is called on by the public but not without socially and environmentally responsible delivery. The challenge of the human capital is ever more present with the shift in demographics of the professionals in the industry.  
The presenter will share some specific examples of challenges experienced by PDO North Oil Directorate. The Directorate’s portfolio of assets is a varied one and includes most of Oman old operated fields like Fahud and Yibal but also fields that are at their early phase of development like Qarn Alam steam and the Upper Shuaiba fields.

Biography:

Badar Al Kharusi has over 17 years of experience in the oil and gas industry. He is currently the Petroleum Engineering Manager of the North Assets of Petroleum Development Oman. He has extensive experience in petroleum engineering and in integrated asset management gained from work assignments in Oman, the United States and the Netherlands. He worked on a variety of petroleum engineering aspects including; Drilling and Well Completion, Reservoir Modeling and Simulation, Water Flooding, Gas Injection, Field Development Plans and a number of Enhanced Oil Recovery projects. He has worked in various geological, geographical, commercial and technical settings in fields in Oman, Canada, Venezuela and Brazil. Dr. Al Kharusi has supported and led the delivery of several major oil development projects with wide coverage of commercial, operational and safety related aspects. Currently he is in charge of the subsurface management of several large oil fields of multiple complexities with significant daily production share and wide spread of operational activities. Dr. Al Kharusi holds a First Honors Bachelors degree in Civil Engineering from Birmingham University, and a Masters and Doctorate degrees in Petroleum Engineering from Herriot-Watt University in the United Kingdom.

 


Location

Grand Hyatt, Afrah 3 Ballroom
MuscatOman
Registration Price
All Registrants $0.00
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