CC Energy Development, a trailblazer in Oman’s oil and gas arena, transforms the energy landscape with its visionary approach. The company dives deep into exploration and production by merging state-of-the-art technology with sustainable practices. CC Energy Development fuels Oman’s energy future through strategic alliances and innovative techniques while championing environmental stewardship and operational excellence.
CBR: Your professional experience spans various countries, including Oman, Australia, India, and the UK. What differences have you observed in operating across these markets, and what advice would you give to Omani companies looking to expand internationally?
Walter Simpson: The core of managing operations globally remains consistent—effective communication and relationship-building are crucial. While cultural nuances exist, such as different approaches to interacting with Omani versus Indian colleagues, the underlying principle is motivating and empowering people. Relationships matter significantly across all cultures, whether in Oman or Australia. Building and maintaining these relationships can greatly impact business success.
CBR: Recently CCED partnered with Omantel. How critical is it for an oil and gas company to have the right technology partner?
Walter Simpson: Having a reliable technology partner is essential for our success. In the oil and gas industry, being a low-cost producer while maintaining a minimal environmental footprint is crucial. Our partnership with Omantel is integral to our business transformation, particularly in upgrading our ERP systems. This will enhance financial, supply chain, and HR systems efficiency, aligning with our strategic goals.
CBR: You mentioned the role of artificial intelligence and technology in enhancing sustainability. Could you elaborate on your Gas to Power project and its impact on sustainable gas production?
Walter Simpson Our Gas to Power project is a prime example of leveraging technology for sustainability. Instead of flaring associated gas, we use it to generate electricity, reducing our reliance on diesel generators. This not only cuts carbon emissions but also lowers costs and eliminates flaring. The project aligns with our target of zero flaring by 2027, offering both environmental and financial benefits.
CBR: Carbon capture solutions are often discussed in the context of long-term investments. Do you see them as financially viable, and which types of companies would benefit from investing in these solutions?
Walter Simpson: Carbon capture and storage is indeed a costly and emerging technology. While it requires significant investment, it is essential for reaching net-zero goals by 2050. Companies that are prepared to invest in future-oriented solutions and can manage the associated costs will benefit. Though still developing, technologies such as flue gas capture systems are critical for achieving long-term sustainability.
CBR: CCED is also involved in sustainable water management projects. Can you describe these efforts and their contribution to Oman Vision 2040?
Walter Simpson: We produce hypersaline water, which we either use for reservoir pressure support or dispose of underground to avoid environmental contamination. We’re exploring technology to convert this water into potable forms using power generated from our operations. Additionally, we’ve implemented mobile reed beds for treating wastewater and composting food waste to enhance our camps’ green areas. These projects contribute to reducing environmental footprints and align with Oman Vision 2040 by promoting sustainable resource management.
CBR: Are there partnership opportunities for international companies interested in collaborating on your projects?
Walter Simpson: We are always seeking technological advancements to enhance our efficiency and sustainability. Opportunities exist in water treatment, greenhouse gas reduction, and improving oil production processes. We welcome discussions with technology providers who can contribute innovative solutions to our operations.
