VOL. XLVI

No 2

13-January-2003

OMAN

PDOs Annual Investment To Rise To $1.5Bn By 2007 For Output Recovery/Development

Petroleum Development Oman (PDO) is planning a steady increase in annual investment in coming years with the aim of reaching a level of around $1.5bn by 2007, the companys managing director, John Malcolm, told MEES on 6 January. This will represent an increase of almost 50% on current investment. Part of the increased investment will be spent on a focused results delivery program...