Oman’s key state-led producer PDO in recent years has boosted crude output above pre-covid levels, even as renewed Opec+ cuts have limited the gains. Currently its aim is to increase output of crude oil from around 660,000 b/d (see chart 1) to more than 700,000 b/d.
Oman’s PDO Eyes Major Gains From A Slew Of Modest Projects
Oman’s largest hydrocarbon producer Petroleum Development Oman (PDO) is currently pursuing a strategy of focusing on small and complex enhanced oil recovery projects as it pushes to boost overall output above 700,000 b/d.
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Charts
1: PDO Liquids Output: Opec+ Cuts Curb Crude, While Condensate Drops Below 100,000 B/D For First Time Since 2019 ('000 b/d)
2: Full Steam Ahead: EOR Share Of PDO Output To More Than Double To 28% By 2031 (%)
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