Shell’s key Mideast interest is its 34% stake in state-led Petroleum Development Oman (PDO).
Here its net production rose from 205,000 b/d in 2014 to 215,000 b/d last year, implying a rise from 603,000 b/d to 632,000 b/d in overall PDO output. PDO is by far the largest producer in Oman with its 2015 output hike helping boost the country’s output to a record 981,000 b/d. (CONTINUED - 260 WORDS)
