Middle East Economic Survey

VOL. L

No 7

12-Feb-2007

OMAN

PDO To Reverse Oil Output Declines By 2008 Amid Mounting Recovery Challenges

Petroleum Development Oman (PDO) hopes that new oil discoveries, its secondary recovery water flood programs and enhanced oil recovery (EOR) projects will mean that 2007 is the last year in which crude oil production declines in the sultanate. But in an interview withMEES, Managing Director John Malcolm said that while 2007 was expected to see oil output plateau...