What we brief clients on
Oil was discovered in 1964 near Fahud and production began in 1967 through Petroleum Development (Oman) Ltd. The Omani Government owns 60% of PDO, with foreign interests holding 40%.
An LNG processing plant at Sur has operated since 2000, producing 6.6 million tons annually. Oil and gas comprise roughly 71% of exports.
Top export markets are China, South Korea and the UAE; key suppliers are the UAE, Japan and China. Other industries include copper refining, an 80,000 b/d refinery, cement, dates, limes and fisheries.
If you have questions about operating practices or legal matters in Oman, contact us and we are ready to help you.
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