Oman signs $16bn gas deal with BP

British oil giant BP will drill and sell gas to Oman for 30 years after the two signed a $16 billion (£9.8bn) deal today. It’s the largest new ‘upstream’ project in the Middle Eastern sultanate – that is, in fossil fuel production rather than processing. The Khazzan field has a gas reservoir in sandstone and this ‘tight’ gas […]