Construction & Real Estate

Weatherford seals three-year Oman drilling services contract

Petroleum Development Oman (PDO) has awarded a three-year integrated drilling services contract to Weatherford covering the drilling of 274 wells in the Marmul and Greater Saqar areas of Oman. The contract forms part of PDO’s plans to increase oil production, improve drilling efficiency and optimize the development of small fields through a unified development model. ...

Construction & Real Estate

L&T inks EPC framework deal with Petroleum Development Oman

India's top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that one of its key subsidiaries - L&T Energy Hydrocarbon Onshore - has signed a six-year engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman (PDO), thus strengthening the long-standing partnership between the two companies. ...

Construction & Real Estate

Nama inks power purchase deal with Petroleum Development Oman

Nama Power and Water Procurement has announced that it has signed a new power purchase agreement with Petroleum Development Oman, under which 200MW of generation capacity will be made available to support the national electricity grid for a period of five years. ...

Construction & Real Estate

Egyptian consortium seals $6bn Oman EPC framework agreement

A consortium of Petrojet and leading Egyptian contractor Enppi has sealed a long-term engineering, procurement and construction (EPC) framework agreement with Petroleum Development Oman, covering ​a portfolio of projects worth ⁠more than $6 billion. ...

Construction & Real Estate

Ion Exchange lands $191m PDO contract for water, sewage facilities

Ion Exchange, a leading water management solution company in India, said one of its key subsidiaries has secured a RO73.5 million ($191 million) long-term contract from Petroleum Development Oman (PDO) to provide design, build, operation and maintenance services for its water and sewage facilities. ...

Construction & Real Estate

Goldwind completes key installation at Oman wind turbine project

Chinese group Goldwind said it has completed the successful installation of the first wind turbine at the Riyah 2 project in southern Oman. The project is being developed by OQ Alternative Energy, a subsidiary of Oman’s state energy group OQ, in partnership with global major TotalEnergies. ...