In 2022 Oman issued four stamps and a miniature sheet for the PDO’s 85 Anniversary of the first export of Oman crude oil 1n 1966.
The first crude oil was shipped by the Norwegian tanker MOSPRINCE.
She was built as a tanker under yard No 1621 by Mitsubishi Zosen K.K., Nagasaki, Japan for A/S Neptun Shipping Co.,(Mosvold Shipping Co.) Kristiansand S, Norway.
26 February 1966 laid down.
27 June 1966 launched under the name MOSPRINCE.
Tonnage: 44,992 brt., 27,125 nrt, 81,471 dwt, dim 243.9, 37.2 x 13.41m., length bpp234.8m.
Powered by one Mitsubishi Sulzer 9RD-90 2-stroke/single 9-cyl., 18,600 bhp., speed 16 knots.
13 Tanks. Three unloading pumps with a capacity of 7,500 m³.
30 September 1966 completed.
1980 Sold tp P/R Baris, Oslo, Norway and renamed BARIS.
1981 Sold to Coralstar Shipping Inc. Monrovia, Liberia, and renamed CORAL STAR.
06 July 1982 sailed from Pusan, South Korea to Kaohsiung, Taiwan where she was scrapped by Lien Hsing Steel Enterprise Co.
Source: https://www.miramarshipindex.nz/ship/6615065 and Internet.
Muscat: Oman celebrates 50 years of oil exports to other countries as July 27 marks Petroleum Development Oman (PDO)'s first crude oil shipment from the Sultanate.
In 1967, the first crude oil exports from Oman were loaded onto 83,000-ton Norwegian tanker Mosprince at Saih Al Maleh (now known as Mina Al Fahal) to be transported to Japan. The invoice document dated August 8th, 1967, shows that the cargo consisted of 543,800 barrels of net clean oil of API gravity 33.2.
At a price of US$1.42 a barrel, the shipment was worth almost US$750,000, quoted at pound sterling equivalent of 275,784. The amount equals US$5.5 million or OMR 2.1 million today.
PDO has since grown into one of the most sophisticated oil and gas companies in the world utilising hi-tech enhanced oil recovery techniques to tap aid in increasing Oman's daily output to more than a million barrels a day. Oil production from PDO sites amounts to nearly 70 percent of the Sultanate's total production while it is currently responsible for producing nearly all the natural gas in Oman.
It currently produces an average of more than 600,000 barrels of oil every day from approximately 10,000 wells in 178 oilfields across Oman. As of 2016, PDO capital expenditure reached $5.6 billion while operating expenses rationalized to $1.8 billion.
"PDO has a long and very proud history and has played a central role in the development of the Sultanate over many decades under His Majesty Sultan Qaboos Bin Said's wise leadership. PDO Day provided an excellent opportunity to reflect on the origins of the company and to recognize the contribution of everyone who has helped to make the company what it is today," PDO's Managing Director Raoul Restucci said on celebrating PDO day recently.
PDO was formed through an agreement signed between His Majesty Sultan Said bin Taimur and Iraq Petroleum Company (IPC) on June 24, 1937. In 1980, PDO was restructured into an LLC via a Royal Decree, and the company took its current name. In 1991, it began producing gas. And in 2002, it started implementing its Enhanced Oil Recovery (EOR) strategy.
https://timesofoman.com/article/113695/ ... xports-by-
oman#:~:text=In1967%2C%20the%20first%20crude%20oil,oil%20of%20API%20gravity%2033.2.
Oman 2022 150 Balsa and 650 Balsa sg?, Scott? and sgMS ?
MOSPRINCE tanker 1966
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MOSPRINCE tanker 1966
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