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Oman to award $1.04B oil contracts by end-2011 -official

State-run Oman Petroleum Company (PDO) is planning to award $1.04 billion worth of contracts for work in its oilfields before the end of this year, a company official said on Tuesday.

September 13, 2011 11:56 by

“We are processing the tenders submitted for various oilfields contracts, including oil drilling and gas supply. The total contracts to be awarded by end of this year will be worth about 400 million rials ($1.17billion),” the PDO official, who declined to be named because he is not authorised to talk to the media, told Reuters. (Reporting by Saleh Al-Shaibany, Writing by Humeyra Pamuk)

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