The Oman Construction Company (TOCO) has been granted a contract by Petroleum Development Oman (PDO) to perform all civil, mechanical, piping, and hot tap/stoppling works associated with the replacement of all block valve stations on the existing Main Oil Line. The project is scheduled for completion in the second quarter of 2003.
PDO is the major exploration and production company in the Sultanate. It accounts for more than 90 percent of the country's crude oil production and all of its natural gas supply. The company is 60 percent owned by the government of Oman, 34 percent by the Royal Dutch/Shell Group, four percent by TotalFinaElf and two percent owned by Partex. — (menareport.com)
© 2002 Mena Report (www.menareport.com)