Profile of a major organization

Petroleum Development Oman (PDO)

PO Box 81, Mina alFahal, 113, Oman, Tel +968 24678111, Fax +968 24677106



Ownership
Government | Parent
Date of Establishment
1980
Number of Employees
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Sector
Oil and Gas Operations
Sub-Sector
Oil and Gas Production
Business Summary
Petroleum Development Oman (PDO) is the foremost exploration and production company in Oman. It accounts for more than 70% of the country's crude oil production and nearly all of its natural gas supply. Petroleum Development Oman operates in a concession area of about 100,000 km2 (one third of Oman's geographical area) and operates 178 oil producing fields, around 10,000 active wells and more than 18,500 kilometers of pipelines and flow lines. The average daily oil production in 2016 was 600,197 bpd, up from 588,937 bpd in 2015, the highest of production since 2005. Overall, Petroleum Development Oman set a new combined oil, gas and condensate production record of 1,293,000 barrels of oil equivalent per day in 2016.
Key Contacts
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Major Shareholders
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Subsidiaries / Affiliates / Investments
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