Petroleum Development Oman

An incident at Petroleum Development Oman (PDO) resulted in an investigation that revealed that, even though required risk-reduction levels were achieved in design, the rest of the safety instrumentation life cycle phases were not rigorously adhered to. This paper presents various actions taken by PDO to make sure that what is designed is operated and maintained as in…

The government of Oman has transferred its stake in one of the Middle East’s largest oil blocks to a newly established firm. By royal decree, the new, state-controlled Energy Development Oman (EDO) will hold the country’s 60% stake in Block 6. The stake was moved from Petroleum Development Oman (PDO), another government-run company.

This paper provides an overview of the company’s journey toward preventing significant process-safety incidents. Each step involved in this journey plays a key part. By focusing the improvement of the process on individual steps, the overall learning process has improved significantly.

Petroleum Development Oman has partnered with SparkLabs Group, a global venture and accelerator group, and Phaze Ventures, a new technology group focused on innovation throughout the Middle East, to launch a new accelerator focused on energy technology in the region.