PDO hosts government dignitaries

Business Reporter -

Muscat, APRIL 12 -

Petroleum Development Oman (PDO) yesterday hosted a delegation of governors and walis on an official visit to its Mina Al Fahal headquarters in Muscat.

A senior PDO management team, headed by Managing Director Raoul Restucci, provided the dignitaries with an overview of the Company’s performance on a range of matters including health, safety and the environment, production, project delivery, Lean business efficiency and the creation of job and training opportunities for thousands of Omanis.

There was also focus on PDO’s social investment programme which has funded vital community infrastructure such as roads, schools and health centres and vocational training programmes for local citizens.

The eminent group included eight governors and 12 walis, including those representing wilayats in the Company’s concession area and neighbouring the Main Oil Line.

During the three-hour session at its Mina Al Fahal headquarters, PDO outlined how it was maintaining stable production while implementing rigorous cost control measures to combat the current low oil price environment.

Restucci said: “It was a great honour to receive our guests and share with them our success stories and challenges, our central role in Oman’s economy and society and our dynamic response to the present economic difficulties.

“They were very appreciative of what we are doing to sustain oil production, meet Government gas demand, build robust reserves, generate strong revenues and develop Omani talent and businesses and invest in our communities. It was made clear that we only succeed if the communities in which we operate succeed.

“It is important that we engage with our key stakeholders and honestly and clearly report on our achievements and activities, while at the same time receiving feedback from them as this helps us to respond to any concerns and continuously improve our performance.”