P.D. OMAN'S 1988 OPERATIONS
The following are highlights from the recently released 1988 Annual Report ofPetroleum Development Oman (PDO). The company is owned 60% by the OmanGovernment, 34% by Shell Petroleum Ltd., 4% by Total Compagnie Francaise desPetroles and 2% by Partex (Oman) Corporation.
Production and Exploration For the eighth year in succession, PDO raised itscrude oil production to a record level, reaching an average of 601,000 b/d(220mn barrels), a...