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EDO Successfully Reduces Borrowing Costs On Its US$2.5bn Loan; Saves US$100mn In Interest

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Energy Development Oman (EDO), a 100 per cent government-owned entity, has successfully renegotiated the terms of its US$2.5bn loan, resulting in cost savings of...

Energy Development Oman Receives Long-Term Credit Rating With A Stable Outlook

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Oman's Energy Development Oman (EDO) has achieved a long-term credit rating with a stable outlook (BB-) by S&P's Global Ratings and a standalone credit...

WATCH: What is Energy Development Oman (EDO) And Why Was It Created?

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Energy Development Oman (EDO) will play a central role in the Sultanate’s energy transition as well as economic diversification aside from reducing Petroleum Development...

Energy Development Oman’s Brand Identity & Corporate Vision Revealed

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Energy Development Oman – abbreviated as EDO – which is a 100 per cent state-owned establishment that aims to sustainably develop the oil, gas,...

Energy Development Oman Names Haifa Al Khaifi As The Company’s CEO

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Muscat: The newly-formed company Energy Development Oman (EDO) has named Haifa Al Khaifi as its first CEO. EDO, which is a 100 per cent government-owned establishment,...

Energy Development Oman Founded To Further Bolster Oil And Gas Sector

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Muscat: The Ministry of Finance today said that Royal Decree No. 128/2020 provides for the foundation of Energy Development Oman (EDO) Company with the...