Yumna Field, Oman 2024 OPERATIONS UPDATE • Announced the signing of a contract for a jack-up drilling rig to perform a multi-well programme – the drilling and completion of a new in-field well and the work-over of two existing production wells – in the Yumna Field in Block 50 Oman, commencing in midMarch 2024. • Issued an Independent Summary Qualified Person’s Report (QPR) for the Yumna Field in Block 50 Oman. • Announced the spudding of the Yumna-5 well in the offshore Yumna Field in Block 50 Oman, to drain attic oil left un-swept by the current producers, as part of a multiwell programme. • Completed the multi-well programme in the offshore Yumna Field in Block 50 Oman ahead of the 90-day schedule and below budget. The Yumna-5 well started production on 26 April 2024. The multi-well programme also included work-over of the Yumna-4 well, on top of originally planned work-overs of Yumna-2 and Yumna-3. GOING FORWARD (2025 ACTIVITIES) • During 2025, MOL will continue to optimise the production facilities and well operations. • Installed a second flowline connecting the Mobile Offshore Production Unit (MOPU) to the floating storage and offloading (FSO) unit, to increase reliability of the production system. • Embarked on a farm-out exercise with consultants, Gneiss. 4 2 Annual Report 2024
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