PDO branches out
The firm is building on decades of experience to further develop its technological prowess and encompass alternative fuels
Petroleum Development Oman is a remarkable survivor, dating back in some form to 1937. It's a curious hybrid, not quite a national oil company, but more than a private joint venture. And it's embarking on probably its biggest transformation—even changing its name—since the government acquired a majority stake in 1974. The new 'Energy Development Oman' (EDO) now faces three major tasks: to sustain production from increasingly mature oil and gas fields; to introduce new hydrocarbon and non-hydrocarbon technologies; and to strengthen the national economy and capabilities. Along with its wider capabilities Sultan Qaboos, ruler since 1970, PDO has built Oman. When the sultan overthrew his father,
Also in this section
2 April 2025
The often-hidden yet powerful hand maintains supply chain linkages and global flows amid disruptions
2 April 2025
At some point it is likely that $70/bl will be quietly accepted as the producer-consumer sweet spot for a US administration having to balance both sides of the ledger
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
