Money and business in the Middle East.

Companies

Petroleum Development Oman (PDO)

Oman · Oil & gas (upstream) · State-owned

Petroleum Development Oman's 2024 sustainability report lists Energy Development Oman, representing the Government of Oman, as holding 60% and names Shell Group, TotalEnergies and PTTEP Oman as the private shareholders. The report says PDO's average oil production in 2024 was 679,922 barrels per day and that total hydrocarbon output, including condensates and non-associated gas, averaged 1.1 million barrels of oil equivalent per day. It names Mohsin bin Hamed Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals, as chairman and Aflah bin Said Al Hadhrami as managing director.

www.pdo.co.om ↗

Audited financial statements: INXEN has not verified a published source for this entity as of 23 October 2026.

Data note: The 2024 sustainability report prints 34%, 4% and 2% beside the three private shareholders without pairing each percentage with a shareholder; INXEN shows only the government's 60%.

Verified · updated 24 Oct 2026

Key facts

679,922 barrels per day

Company crude oil production (average, as stated)

Ownership and relationships

Key people

  • Mohsin bin Hamed Al Hadhrami · Chairman of the Board, Petroleum Development Oman; Undersecretary, Ministry of Energy and Minerals
  • Aflah bin Said Al Hadhrami · Managing Director, Petroleum Development Oman

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Sources

  1. Petroleum Development Oman — Sustainability Report 2024, 'Sustainable Energy, Sustainable Future' · edoman.om