PETROLEUM DEVELOPMENT OMAN

About PDO Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. We deliver the majority of the country's crude oil production and natural gas supply, but above all we focus on delivering excellence, growth and sustainable value creation within and well beyond our industry. The Company is owned by the Government of Oman (with a 60% interest), Royal Dutch Shell (34%), Total (4%) and Partex (2%). The first economic oil find was made in 1962, and the first oil consignment was exported in 1967. PDO operates in a concession area of about 90,000 km2 (one third of Oman’s geographical area), has around 209 producing oil fields, 55 producing gas fields, more than 8,000 active wells, a diverse workforce of more than 8,500 employees, comprised of 70 different nationalities, and more than 70,000 contractors. The primary objective of PDO is to engage efficiently, responsibly and safely in the exploration, production, development, storage and transportation of hydrocarbons in the Sultanate At all times, PDO endeavours to be a good corporate citizen.​​ We operate in an environmentally responsible and sustainable fashion, dealing transparently and honestly on the basis of open and competitive bidding with contractors and suppliers and supporting and investing in social and community projects. The Company has become a global pioneer in Enhanced Oil Recovery (EOR) due to its maturing asset base and the complexity and challenging nature of Oman’s geology and the three main EOR methods it currently uses are thermal, chemical and gas. Lean ​​To be a sustainable business, PDO has launched a Lean programme to streamline operations, cut waste, eradicate inefficiency and avoid duplication of activities.​