Raoul Restucci
Raoul Restucci,Managing Director,PDO
Petroleum Development Oman is in the middle of a transformation. The company announced in August that it completed the second phase of its digital transformation, improving its data and document management systems. PDO also started producing gas from the first sour wells at Rabab Harweel Integrated Project in July, two months ahead of schedule, which Raoul Restucci says will have “substantial” investment returns and will remain robust even at low oil prices. In June, it awarded a $75mn EPCM contract to Petrofac for the Mabrouk North East Line Pipe Procurement Project, as part of a 10-year framework agreement. The company has also continued to grow its local talent pool and supply chain.