Petroleum Development Oman Overview
Petroleum Development Oman (PDO) is engaged in the business of exploration, production, and transportation of oil and gas. It is owned by the government of Oman (60%), Royal Dutch Shell (34%), Total (4%) and Partex (2%). The company has nearly 209 gas fields and more than 8,000 oil and gas wells. Moreover, it also has more than 30,500 km of pipeline networks. Furthermore, the company operates in almost one-third of Oman. It has become a pioneer in enhanced oil recovery (EOR) for exploration and production activities in Oman.
PDO has a presence in 70 countries and has more than 70,000 contractors around the world. In 2018, the capital expenditure of the company was USD 5.5 billion, and the operating expense was USD 1.9 billion. It is a member of the United Nations Global Compact, Gulf Co-operation Council (GCC) National Oil Company Steering Committee, Oman Society for Petroleum Services, Regional Clean Sea Organisation, GCC Standardisation Organisation, and International Association of Oil and Gas Producers.
