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30 March 2020
BUSINESS

Oman’s PDO mulls job cuts as COVID-19 impacts business

The Sultanate’s biggest oil and gas producer has started discussions about the cuts with contractors

PDO is 60 per cent owned by the Omani government, with Royal Dutch Shell, Total and Partex Oil and Gas Group holding the rest/Bloomberg

by Bloomberg

Oman’s Petroleum Development Oman (PDO), the Sultanate’s biggest producer, plans to reduce the number of staff working on its oil and gas projects in response to the spread of the coronavirus.

The Sultanate’s biggest oil and gas producer has started discussions about the cuts with contractors. PDO stated that it will review its projects and expects equipment shortages to affect construction and maintenance as the epidemic affects global supply chains.

PDO is 60 per cent owned by the Omani government, with Royal Dutch Shell, Total and Partex Oil and Gas Group holding the rest.

 

 


RELATED STORIES: Petroleum Development Oman Royal Dutch Shell Total Oman

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