Petroleum Development Oman (PDO)
Petroleum Development Oman (PDO) is an upstream oil and gas company headquartered in Oman, with majority state ownership. In 2020, it had a reported 8,500 employees and over 70,000 contractors*. It did not report its revenue. Although PDO has committed to the Oman Energy Master Plan 2040 to improve energy efficiency and develop hydrogen, it lacks a credible low-carbon transition plan.
- Ranking position
- #69 /100
- Total score
- 2.9 /100
- Performance score
- 1.2 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
PDO receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. PDO has not set any emissions reduction targets and is not on track to align with its 1.5°C pathway. It has plans to improve its energy efficiency and continue incorporating renewable energy into its operations. However, there is no indication that the company plans to produce renewable energy for third-party sales. The company is projected to stay just within its 1.5°C carbon budget between 2019 and 2050. It risks exceeding its budget if it continues with plans undertake further oil and gas exploration.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Muscat, Oman
- Group revenue
- Not available
- Ownership structure
- Majority state ownership
- Number of employees
- 8,500 (70,000 contractors)
- Scope of activity
- Upstream
- Website
- https://www.pdo.co.om/en/Pages/Home.aspx