Oil in Oman

Oil was discovered in Oman in 1967 and it has been producing lots of it ever since. Petroleum Development Oman is the main exploration and production company in Oman. It is owned by the government (60%) and by three oil companies - Shell, Total and Partex. Because the government own a large share, some money from the oil stays in Oman. Lots of other oil and gas companies work in Oman.