Petroleum Development Oman – PDO

Jerry — Mon, 27 Dec 2021 10:08:01 +0000

Petroleum Development Oman

Petroleum Development Oman Services (PDO-S) L.L.C is a Limited Liability Subsidiary Company of PDO. It was established in 2021 to commercialize PDO’s strong technical capabilities, inherent capacity, and competitive edge in niche areas such as EOR, Geo-solutions, innovative technologies, and others.

Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. We deliver the majority of the country’s crude oil production and natural gas supply, but above all we focus on delivering excellence, growth, and sustainable value creation within and well beyond our industry.

Who is the Owner of PDO?

The Company is owned by the Government of Oman (which has a 60% interest), the Shell Group (34% interest), Total (4% interest), and PTTEP (2% interest).

What is PDO Project in Oman?

Petroleum Development Oman (PDO) is the foremost exploration and production company in the Sultanate and accounts for more than 70% of the country’s crude oil production and nearly all of its natural gas supply. The Company is owned by the Government of Oman, Shell plc, Total, and Partex.

Does Oman Produce Oil?

Oman can produce upwards of one million barrels per day of crude oil and condensates but honors OPEC+ quotas. Oman’s oil reserves primarily consist of heavy crude, and China is the predominant export market.

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