VOL. XLIII

No. 34

21-August-2000

OMAN

PDOs Annual Report For 1999

Petroleum Development Oman (PDO) owned 60% by the Oman Government, 34% by Shell Petroleum Company Ltd, 4% by TotalFinaElf and 2% by Partex (Oman) Corporation stated in its Annual Report for 1999 that its daily oil production in 1999 fell to 832,000 b/d, or by 0.4% below the 1998 average of 835,500 b/d, and did not reach the oil production target of 835,000 b/d mainly because of production problems in the Yibal field. However,...