PDO expected to ask for bids for $300m depletion compression project in mid-September
Petroleum Development Oman (PDO) has delayed the tender for an estimated $300m gas processing project in of the sultanate, according to industry sources.
Engineering, procurement and construction (EPC) for phase 3 of the Yibal depletion compression project is now expected to be tendered in mid-September after being delayedseveral times.
The depletion compression scheme is designed to sustain production at its Yibal field in Al-Wusta governorate, north-central Oman.
PDO is 60 per cent owned by the government of Oman, with 34 per cent owned by UK/Dutch Shell Group, 4 per cent by France-based Total and 2 per cent by Portugal’s Partex.
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