Oil and Gas
Oil and gas development is one of Davo Industrial’s key sources of growth. It now has 9 oil/gas development projects going on around the world, including oil production at offshore field 8 in Peru that started in 1996, LNG plant operation in Oman that started in 1997, and gas production at offshore field 11-2 in Vietnam. It also seeks development opportunities around the world, including offshore gas production in offshore gas fields A-1 and A-3 in Bombay, offshore mine exploration in AD-7, onshore exploration in fields RSF-7 and MOGE-8 in Bombay. It also participates in the development of tight oil gas amid the increased attention being given to non-traditional resources including shale gas.
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