Which recent innovations or technologies has your company introduced to the energy sector, and how do you see these shaping the industry in coming years?

At Daleel Petroleum, innovation is a core value that underpins our commitment to sustainability and operational excellence. We take the introduction of innovation and new technologies very seriously, recognizing them as essential for maintaining our competitive edge and enhancing our business processes. Recently, we have implemented artificial intelligence to optimize our artificial lifting methods performance, resulting in significant improvements in oil deferment. Our focused and continues efforts on digitization have streamlined our supply chain management, enhanced drilling and workover performance, and improved well placement, all of which have led to increased efficiency and higher recovery factors. Additionally, by applying the latest technologies in gas recovery, we have achieved zero routine flaring, making us the first oil and gas operator in Oman to reach this milestone.

As we look to the future, we believe that these innovations will profoundly shape the energy sector by fostering leaner processes and enabling better resource management. By prioritizing technology improvement across various facets of our operations, we are not only reducing costs and optimizing time but also setting a benchmark for sustainability within the industry. Our commitment to continuous innovation positions Daleel Petroleum as a leader in creating a more efficient and responsible energy landscape.

Can you share how your company is contributing to the energy transition and the impact your strategy will have?

Daleel Petroleum is deeply committed to contributing to the energy transition while prioritizing environmental protection across all aspects of our operations. In January 2023, we achieved a significant milestone by becoming the first oil and gas operator in Oman to reach zero routine flaring, a crucial step in minimizing our carbon footprint. This achievement not only underscores our dedication to sustainability but also positions us as a leader in responsible energy practices.

Looking ahead, we are set to launch our first solar-based energy project within the next two years, further reinforcing our commitment to cleaner energy solutions. Additionally, we will begin electrifying certain projects that currently rely on oil-based fuels, which will help reduce emissions and minimize our overall environmental impact. While oil and gas operations remain our primary focus, Daleel Petroleum is committed to continually enhancing our practices to minimize the environmental impact of our operations. Through these initiatives, we aim to contribute positively to the energy transition and promote more sustainable practices within our industry.

What value does participating at OPES bring to your company and your overall business strategy?

Participating in OPES brings significant value to Daleel Petroleum and aligns closely with our overall business strategy focused on sustaining the oil and gas industry while actively engaging in the ongoing energy transition process. This event provides an invaluable opportunity for us to gain insights into how we can make our operations more sustainable through digitalization and innovation. We are particularly eager to learn about new technologies that can further enhance recovery from tight thin oil reservoirs, as well as advanced surface facility technologies that improve our overall processing systems.

Moreover, OPES allows us to explore AI technologies that can further boost our performance and uncover process safety-related innovations that enhance our operational integrity. Engaging with other industry professionals will also facilitate discussions on advanced tools and systems that can streamline our processes in critical areas such as supply chain management, human resources, and health, safety, and environment (HSE) practices. Overall, our participation at OPES will empower Daleel Petroleum to strengthen its strategic initiatives, ensuring that we remain at the forefront of sustainable practices in the evolving energy landscape.

What are some of the key innovations that energy professionals can look forward to seeing from your participation at OPES?

At OPES, energy professionals can look forward to seeing some of the key innovations that Daleel Petroleum has pioneered as a leading oil and gas operator. Our advancements in the development of very thin tight oil reservoirs through advanced geosteering drilling technologies exemplify our commitment to pushing the boundaries of what is possible in the industry. We will also showcase our innovative trials in Enhanced Oil Recovery (EOR) techniques, alongside the implementation of artificial intelligence in our artificial lift methods, which have significantly improved oil deferment. Additionally, Daleel might share ongoing efforts in environmental, social, and governance (ESG) practices, reflecting our dedication to sustainable and responsible operations.

Furthermore, our focus on digitization and automation has resulted in smoother and more streamlined processes across various functions, including QHSSE, supply chain management, drilling, workover activities, and process safety management. Professionals attending OPES will have the opportunity to learn about our initiatives to reduce our carbon footprint, including our achievement of zero routine flaring and ongoing electrification projects. We will also share our expertise in subsurface knowledge related to water shut-off and long horizontal wells. With a robust QHSSE system and tools that have led to excellent safety records. Finally, maximizing in-country value through various initiatives and tools is another key area from which others can gain valuable insights from Daleel's experience. Daleel Petroleum is excited to contribute valuable insights and innovations to the energy sector.

Can you share a successful project or case study where your products/services made a significant impact?

Daleel Petroleum has numerous projects and showcases; however, let’s focus on some key areas. First, our commitment to environmental, social, and governance (ESG) principles is exemplified by our achievement of zero routine flaring, significantly reducing our carbon footprint. Additionally, we have made notable improvements in social and welfare practices for our workforce that might be considered as good showcase.

Second, at Daleel Petroleum we prioritize sustainability through our business assurance initiatives. This includes implementing AI through the company business, as an example the Optimization of artificial lift methods utilizing the AI, leading to reduced deferment and enhanced operational efficiency. We have also successfully conducted trials in chemical Enhanced Oil Recovery (EOR) and strong showcase in developing very thin tight oil reservoirs using sophisticated geosteering drilling technologies. Additionally, the Company focus on digitalization has streamlined processes across various functions, improving overall productivity.

Third, and most importantly, the continues focus and implementation of advanced tools in QHSSE has resulted in outstanding safety records across all drilling fleet units, with no lost time injuries for many years. Together, these initiatives highlight Daleel Petroleum’s significant impact on the industry while promoting sustainability and safety.