VOL. XLVI
No 50
15-December-2003
OMAN
PDO Recovery Program On Track, Says Rumhy
Petroleum Development Omans (PDOs) production is expected to average around 702,000-703,000 b/d in 2003 which is the target for its phased recovery plan, according Oil Minister Muhammad al-Rumhy, in remarks published by the Oman Daily Observer on 8 December. The minister added that PDO would show a marked turnaround from 2005 onwards. PDOs output has been largely in decline since production reached its peak in 1997....
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