Thursday 30 June 2016
 
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PDO

PDO raises $4bn of project financing

Petroleum Development Oman (PDO), the country's top oil and gas exploration and production company, has obtained a $4 billion loan from international banks, part of a rush of foreign borrowing by Oman as low oil prices strain state finance

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PDO targets 600,000 bpd output

Petroleum Development Oman (PDO), the sultanate's leading crude oil producer, is planning to achieve an output of 600,000 barrels of crude oil per day (bpd), said the company’s managing director. PDO accounts for around

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Omani oil majors in talks for $4.35bn loans

Two major Omani state-owned oil companies are in negotiations regarding loan facilities worth a combined $4.35 billion, sources aware of the matter said,  as the duo turn to bank markets for finance in the wake of lower oil prices.

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Oman plans $10bn spend in 3 onshore projects

State-owned Petroleum Development Oman (PDO) recently announced plans to invest about $10 billion into three major onshore projects over the next five to 10 years, a report said. The three initiatives earmarked for development &nd

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Veolia wins water treatment deal for PDO project

Veolia, through its subsidiary Veolia Water Technologies Gulf, has won a deal from Petrofac to provide process water treatment solutions on Petroleum Development Oman’s (PDO) Rabab Harweel Integrated Project (RHIP).  &n

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Galfar wins $299m Oman construction project

Oman's Galfar Engineering has been awarded a RO115-million ($299.21 million) construction contract by the country's top oil and gas producer, the contracting company said on Wednesday. Galfar will build a new central proce

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Galfar wins $299m Oman construction project

Oman's Galfar Engineering has been awarded a RO115-million ($299.21 million) construction contract by the country's top oil and gas producer, the contracting company said on Wednesday. Galfar will build a new central proce

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PDO to invest in sulphur extraction and recovery facilities

Petroleum Development Oman (PDO), the majority government-owned oil and gas producer, has planned to invest in an advanced sulphur extraction and recovery facilities with a capacity of 85,000 tonnes per annum, said a report. The i

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PDO to invest in sulphur extraction and recovery facilities

Petroleum Development Oman (PDO), the majority government-owned oil and gas producer, has planned to invest in an advanced sulphur extraction and recovery facilities with a capacity of 85,000 tonnes per annum, said a report. The i

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PDO deploys video collaboration technology

Librestream, the leader in mobile video collaboration solutions for enterprise, and Gulf Business Machines (GBM), the Middle East’s number one provider of IT solutions and services, have been selected to provide the collaborative video c

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