Petroleum Development Oman (PDO) is set to award shortly the contracts for two onshore depletion compression projects that are together valued at about $500 million.
Sources close to the tender process said that PDO is commercially evaluating the bids and a decision is expected soon.
“They (PDO) opened the price bids two weeks ago, and we are hoping that the contract will be awarded within a month’s time,” one source said.
Commercial