Sahil Petrochemical Complex
1.6 Mtpa of polymers at Duqm from ethane currently burned as fuel gas. FEED complete; investment decision targeted for Q2 2027.
Our Business
Growth projects
Four sanctioned or pre-sanction developments carrying the group's capital programme through 2030.
Growth capital is concentrated deliberately. Four projects carry the programme to 2030, and each one closes a specific gap in the chain rather than adding capacity for its own sake: a loading constraint, an under-drained flank, an ethane stream burned as fuel, and a resource nobody has yet proved is real.
The programme
Al Nakhil Phase II
Thirty-eight wells, a second processing train and produced-water reinjection, lifting the field to 45,000 bopd by 2027.
Ras Sahil Terminal Expansion
Two 780,000-barrel tanks, a second Suezmax berth and vapour recovery, roughly doubling throughput by Q4 2027.
Karat Deep Gas Appraisal
Three appraisal wells below 5,200 metres in the North Caspian basin. Concept selection in 2029; relinquishment remains an outcome.
Capital programme
- Committed capital to 2030
- $4.1 billion
- Sanctioned projects
- 2 of 4
- Share into transition projects
- 22%, rising to 35% by 2030
- Peak construction workforce
- 8,900 across the programme
- Next investment decision
- Sahil, Q2 2027
- Funding
- Operating cash flow and committed facilities