 | |
| Company type | Government-owned corporation |
|---|---|
| Industry | Oil and gas |
| Founded | 1937 (as Petroleum Development of Oman and Dhofar ) 1967 (as Petroleum Development Oman ) |
| Headquarters | Muscat, Oman |
| Revenue | $11.4 billion (2007) |
| Owner | Oman Government 60% Royal Dutch Shell 34% TotalEnergies 4% Partex 2% |
Number of employees | 8,500 |
| Website | Official website |
Petroleum Development Oman (PDO) is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply. The company is owned by the Government of Oman (with a 60% interest), Royal Dutch Shell (34%), TotalEnergies (4%) and Partex (2%). The first economic oil find was made in 1962, and the first oil consignment was exported in 1967.