Middle East Economic Survey
PDO Oil Production On Target At 556,000 B/D In 2008
Petroleum Development Oman (PDO) increased its production of oil and condensate in 2008, the first year-on-year liquids output rise in recent years. Addressing the companys annual media briefing in Muscat on 9 February, PDO Managing Director John Malcolm said: Last year, production of oil and condensate totalled 633,000 b/d compared to 607,000 b/d in 2007. This is an important milestone...