Since 2005 PDO has been organized as a ‘matrix’ of ‘assets’ and ‘functions’. The assets are the organizational units that are responsible for the production of hydrocarbons, whereas the functions are the organizational units that are responsible for the excellence of the various disciplines that are brought to bear by the assets. The functions thus set technical standards and define the Company’s business processes, whereas the assets implement the standards and processes as they execute the Company’s plans.
The Directors of the North, South and Gas assets sit on a committee consisting of 12 members that include the Deputy Managing Director and the Managing Director, who is the chairman. This Managing Director’s Committee shares responsibility for the Company’s overall performance and business direction. The Functional Directors are responsible for setting the technical standards, the allocation of staff and their development in a particular discipline. They determine how the process is to work and are therefore the “process owners”. The assets are responsible for the implementation of those technical standards and processes owned by the functions.
A Board of Directors provides objectives and guidelines to the Managing Director. The Board consists of twelve members; seven “including the Chairman, who is the Minister of Oil & Gas His Excellency Dr. Mohammed bin Hamad al Rumhy” represent the Government of Oman, and five represent PDO’s private shareholders (Royal Dutch Shell, Total and Partex).