The Petroleum Development Oman (PDO) is the foremost hydrocarbon exploration and production company in the Sultanate of Oman. It accounts for more than 90% of the country's crude-oil production and nearly all of its natural-gas supply. The Company is owned by the Government of Oman which has a 60% interest, Royal Dutch Shell which has a 34% interest, Total which has a 4% interest and Partex which has a 2% interest. The first economic find of oil was made in 1962, and the first consignment of oil was exported in 1967.