PDO Awarded New Offshore/Onshore Concessions in Oman
Petroleum Development Oman (PDO) has been awarded by the Omani Government a10,000-sq. mile concession area covering three offshore blocks in the ArabianSea off the coast of South Oman, as well as another onshore 19,000-sq. mileblock in Dhofar. The new awards raise PDO's total concession area in Oman to84,180 sq. miles (218,026 sq. kms.).
The agreement was signed on 11 October by the Omani Minister of Petroleum...