Middle East Economic Survey
PDO Meets 2005 Oil Targets, Focused On Sustainability Above Short-Term Gains
Despite declining production, Petroleum Development Oman (PDO) has now achieved its output targets for three years running, while meeting its cost savings commitments. Managing Director John Malcolm outlined the companys strategy in a recent briefing to journalists in Muscat. MEES reports on the prospects for increased oil production from Omans main oil...