Wednesday 5 September 2012

Oman- PDO 20th largest oil producer outside US: Survey - MENAFN

Petroleum Development Oman (PDO), the premier hydrocarbon exploration and production company in the sultanate, has been ranked among the top 20 leading oil producers and reserve holders based outside the US by the Oil and Gas Journal (OGJ), a leading industry publication.

According to the Journal's annual survey of top 100 leading oil and gas companies based outside the US, PDO was ranked 20th this year in terms of both output and reserves.

The survey report, released on Monday, said that PDO's oil output in 2011 was 315.4mn barrels, while its reserves stood at 5.5bn barrels.

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