AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

Petroleum Development Oman

Company namePetroleum Development of Oman PDO
Company typeGovernment-owned corporation
IndustryOil & Gas
Founded1925 (as Petroleum Development of Oman and Dhofar )
1967 (as Petroleum Development Oman )
HeadquartersMuscat, Oman
Revenue$11.4 billion (2007)
Owner(s)Oman Government - 60%
Royal Dutch Shell - 34%
Total - 4%
Partex - 2%

     Home | Company | Petroleum Development Oman

Petroleum Development of Oman (PDO) is the foremost exploration and production company in the Sultanate. It accounts for more than 90% of the country's crude-oil production and nearly all of its natural-gas supply. The Company is owned by the Government of Oman which has a 60% interest, Royal Dutch Shell which has a 34% interest, Total which has a 4% interest and Partex which has a 2% interest. The first economic find of oil was made in 1962, and the first consignment of oil was exported in 1967.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260