By Ayesha Daya
Feb. 11 (Bloomberg) — Petroleum Development Oman, a state- controlled company in which Royal Dutch Shell Plc is the largest foreign investor, is planning dozens of new oil-field projects by 2012 to stem a decline in production.
“We will be executing eight new field-development projects, each of which is valued at over $100 million, and a further 50 new field-development projects worth between $20 million and $100 million each,” Managing Director John Malcolm said today during a briefing at the company’s Mina al-Fahal headquarters, near the capital Muscat.
Petroleum Development’s oil output, which accounts for almost four fifths of the country’s total production, will fall 2 percent this year to average 550,000 barrels a day. The company’s production averaged 561,000 barrels a day last year, Malcolm said.
Oman, the largest Arab oil producer that isn’t a member of the Organization of Petroleum Exporting Countries, is seeking the help of international oil companies to stem a six-year oil output decline.
The country’s oil production fell by almost a quarter between 2001 and 2006, from 961,000 to 743,000 barrels a day, according to BP Plc. It averaged 710,000 barrels a day in 2007, Deputy Oil Minister Nasser bin Khamis al-Jashmi said today.
Petroleum Development, or PDO, expects output to remain around 550,000 barrels a day until 2010, when enhanced oil recovery technology projects should help increase it, Malcolm said.
Shell owns 34 percent of Petroleum Development Oman. Total SA has a 4 percent stake and the Omani government owns 60 percent.
To contact the reporter on this story: Ayesha Daya in Muscat [email protected]
Last Updated: February 11, 2008 03:34 EST
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
