VOL. XXXVII

NO. 27

4-APRIL-1994

Oman

Oman Heads West As Shareholders Search Out More Diverse Customer Base

MEES understands that shareholders in Oman's main producing company,Petroleum Development Oman (PDO), in which the government holds a majority 60%stake, Shell 34%, Total 4%, and Partex 2%, are evaluating ways to bolster recentefforts to extend Oman's appeal beyond the crude's traditional Asian customerbase. Oman's Far East market share has suffered recently from increasedcompetition from...