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
20 January 2025
The country’s oil and gas giant, KazMunayGas, is pushing ahead with a series of significant international partnerships
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
