Petroleum Development Oman
Petroleum Development Oman (PDO) is the foremost hydrocarbon exploration and production company in the Sultanate of Oman. 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.
Read more about Petroleum Development Oman: Origins and History, Board of Directors, Oil Exploration and Production, Revenue and Profits, Gas Exploration and Production, Education and Training, Bibliography
Famous quotes containing the word development:
“There are two things which cannot be attacked in front: ignorance and narrow-mindedness. They can only be shaken by the simple development of the contrary qualities. They will not bear discussion.”
—John Emerich Edward Dalberg, 1st Baron Acton (18341902)