News

Arabian Gulf Business Insight on MSN2d
Oman seeks exploration bids for new oil field
State-run Petroleum Development Oman (PDO) is seeking bids for a new oil exploration block in the north of the country. The 130 sq km block 6, located in the Ghaba basin, has estimated reserves of ...
Petroleum Development Oman (PDO) announces the discovery of three oil fields. One field, named Budour Northeast, is located in the Birba area of south Oman. The other two discoveries are ...
Offshore Technology on MSN13d
Oman planning $8bn natural gas assets sale
Oman is reportedly exploring the sale of a stake in its natural gas assets, with an estimated value of around $8bn (OR3.08bn) ...
Oman Tank Terminal Company (OTTCO) has successfully handled 491 vessels at the Ras Markaz Terminal, located in the Special ...
SOMERVILLE, Mass.--(BUSINESS WIRE)--Petroleum Development Oman (“PDO”) recently contracted with Eden GeoPower Inc. (“Eden”), a Massachusetts-based ...
New contracts to boost Omani jobs and double Omanisation across PDO Also In This Package Singapore builds floating solar farms in climate fight Inside a Dubai bed factory: 1 billion beds on target ...
PTTEP announced its operating performance for the first quarter of 2025, along with key developments that support national ...
Australia-listed global services provider Worley has won a framework agreement from local player Galfar Engineering and Contracting SAOG to provide services in Petroleum Development Oman’s (PDO ...
John Wood Group PLC (Wood) has expanded its contract order book in the Middle East, securing a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO), the ...
A total of 25 local community contractors who work with Petroleum Development Oman (PDO) have been awarded certificates for their achievements in PDO's Coaching Scheme. The certificates were ...
Petroleum Development Oman (PDO) is the major exploration and production company in the Sultanate. It accounts for about 90% of the country's crude-oil production and nearly all of its natural-gas ...