Shareholders’ nod for PDO’s EOR project

Monday, January 10, 2005

Shareholders’ nod for PDO’s EOR project

MUSCAT — The shareholders of Petroleum Development Oman (PDO) have taken the final decision to invest in the company’s first full-scale enhanced oil recovery (EOR) project as part of the development of a cluster of oilfields near Harweel, in south Oman, a press release said.

The $600 million field development, known as Harweel Phase 2A/B, builds on the earlier Harweel Phase I pilot project that resulted in four oilfields coming on stream in 2004, beginning with the Zalzala field in March.

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