Mumbai, Aug. 1 -- L&T Energy Hydrocarbon Onshore has officially announced that it has signed a six-year engineering, procurement and construction (EPC) framework agreement with Oman's leading oil and gas company, Petroleum Development Oman (PDO), further strengthening the long-standing partnership between the two organisations.
The Omani government holds a 60pc stake in PDO. The other shareholders are UK-based Shell (34pc), France's TotalEnergies (4pc) and Thai state-owned PTTEP (2pc).
PDO is the operator of the Block 6 hydrocarbons concession in Oman, which is Oman's largest and most prolific concession. Situated onshore and covering an area of 75,119 square kilometres, Block 6 contains 202 oil fields and 43 gas fields, with PDO producin...