PDO | Egypt Oil & Gas

PDO, Tethys Oil Oman Sign Contract for Block 56 Seismic Acquisition

Petroleum Development Oman Services (PDO) signed its first commercial contract with Tethys Oil Oman Onshore Limited involving the 3D seismic acquisition of Block 56, according to a report from the Oman Observer. Worth...

Oman Establishes National Alliance to Support Clean Hydrogen Deployment

Oman’s Ministry of Energy and Minerals (MEM) announced that it is establishing a national hydrogen alliance under the name of Hy-Fly to support the deployment of clean hydrogen in the country, Times of Oman stated. Ac...

Norwegian Authorities Approves PDO of Breidablikk Field

Equinor company announced that the Norwegian authorities has approved the plan of development and operation (PDO) of the Breidablikk field, in the North Sea with investments about NOK 18.6 billion, a press release sta...

PDO, IEA Sign Cooperation Agreement on Energy Transition

Petroleum Development Oman (PDO) Company announced that it has signed an agreement with the International Energy Agency (IEA) for boosting cooperation in energy transitions and policy dialogues, according to a stateme...

Oman Establishes New Energy Company

Oman has established a new energy company as it seeks to leverage its biggest oil block to raise $3 billion of bonds. The new company, Energy Development Oman, will be a shareholder in Petroleum Development Oman LLC a...

Petrofac Completes EPCC Project in Oman

Petrofac’s engineering, procurement, construction management, and commissioning (EPCC) contract for Rabab Harweel Integrated Project (RHIP), has reached its completion in Southern Oman, with support services worth aro...

PDO Oil, Gas Production Reaches Record Levels in 2019

Petroleum Development Oman (PDO), Oman’s largest oil producing company, achieved record production of 1.210 million barrels of oil equivalent per day (mmbbl/d) in 2019, an increase from 2018’s 1.205 mmbbl/d, according...

Oil Producers to Cut Oman’s Production by 200,000 bbl/d

Oman is preparing to slash oil output during May and June which will see the Sultanate reduce its production by 201,000 barrels per day (bbl/d), according to the Oman Observer. This figure represents a 23% cut of tota...

No Reduction in Workforce for Oman’s Oilfield Sector

Mass redundancies in the Omani oilfield industry have been so far avoided by the Ministry of Manpower, according to the Oman Daily Observer.  Omani oil prices have collapsed almost by 60% since the start of the calend...

Oman Inaugurates New Pipeline Facility

STATS Group, pioneers in pipeline isolation, hot tapping and plugging services, has opened a new workshop, storage and testing facility in Muscat to strengthen its presence in Oman, according to a press release. This ...

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