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Oman: Biggest oil & gas producer to downsize amid Coronavirus outbreak

Oman’s Petroleum Development Oman (PDO) is contemplating a cut in staff working on its oil and gas projects in response to the spread of the coronavirus, Bloomberg reports.

The cut is in plan and is in discussion with contractors, PDO reportedly said in an email.

The company also said it will review its projects and expects equipment shortages to affect construction and maintenance as the virus crimps global supply chains.

Oman on Sunday reported 10 new confirmed cases, bringing the overall infection toll to 179 and 29 have recovered according to the ministry of health.

PDO is 60 per cent controlled by the Omani government while the remaining shares belong to Royal Dutch Shell Plc, Total SA and Partex Oil and Gas Group.

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Posted by on Mar 30 2020. Filed under Energy, Gulf News, Headlines, World News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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