Petroleum Development Oman

Founded in 1937, with its first export of oil in 1967, Petroleum Development Oman (PDO) is the leading E&P company in Oman. The company’s shareholders are the Government of Oman (60%), Shell (34%), TotalEnergies (4%) and PTTEP (2%). It operates in some of the most complex and challenging oil and gasfields and is among the world leaders in EOR techniques, pioneering the use of polymer, steam and miscible gas injection on a full-field scale.

• Mission: Build a sustainable and low-carbon future to maximise value for Oman
• Key sustainability initiatives: In February 2023, PDO launched the USD 220-million Rima Water Treatment Plant, which uses a gravitational oil and water separation and natural biological treatment process, the first of its kind to be used in Oman. The system ensures the effective treatment of produced water and creates a desert oasis for wildlife.
• Oil and gas assets: PDO is the operator of Block 6 –  the country’s main producing asset and one of the region’s richest onshore oil blocks.
• Partnerships with Shell: PDO signed a MoU with Shell Development Oman to jointly study CCUS for blue hydrogen production on Block 10. It also inked an agreement with Oman Shell for seismic acquisition in Block 11 with the aim of getting data to unlock Oman’s full hydrocarbons reserve potential.
• Decarbonisation roadmap: PDO has a transition pathway to low-carbon future which will see the company halve its carbon dioxide emissions by 2030. The company’s total GHG emissions in 2019 were 12 million tonnes of carbon dioxide equivalent, reduced to 10.7 million tonnes in 2024 on the path to net zero by 2050. PDO’s full roadmap contains a range of projects including energy efficiency, flaring reduction, fugitive methane elimination, water disposal projects, CCUS, low-carbon fuel and nature-based solutions.

19% of PDO’s oil production was derived from EOR projects in 2025, and the company estimates the share will rise to 28% by 2031.

Targets for the future:

• Reach 700,000+ bopd in the medium term and progress towards 800,000 bopd
• Meet 50% of the company’s power requirements with renewables by 2030

Company website: www.pdo.co.om