PDO aims to raise its production capacity by 10% (Oman)
Petroleum Development Oman (PDO), the largest oil producer in Oman, plans to raise its production capacity by more than 10%, from 610,700 bbl/d in 2018 to over 670,000 bbl/d within five years. The company is investing in exploration -especially in the center of the country- and is raising its production thanks to enhanced oil recovery (EOR) techniques.
PDO (Government 60%, Shell 34%, Total 4% and Partex 2%) accounts for about 60% of the total oil production in Oman. PDO holds more than 90% of Oman's oil reserves and owns a concession which previously encompassed most of the country (Block 6), which has since been broken up and parcelled out in successive bidding rounds. Much of the production growth has come from the success of international firms in developing former portions of Block-6.
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