Middle East Economic Survey
Omans PDO Stabilizes Crude Output
Shell-led, state-controlled Petroleum Development Oman (PDO), the countrys main producer, said crude output remained flat in 2010 as the companys new projects are counterbalanced by declining output from ageing fields. Raoul Restucci, Managing Director of PDO which is owned 60% by the government and 34% by Shell, with Total and Portugals Partex holding the remaining 6% said production averaged...
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