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ABOUT
Following a minor discovery in the south oil basin near Marib in 1984, since then we have been growing our oil and petrochemical related activities in leaps and bounds.
A total (170,000 barrels) of oil per day were produced there in 1995 in Yemen. A small oil refinery began operations near Marib in 1986. A Soviet discovery in the southern governorate of Shabwah has proven only marginally successful even when taken over by a different group. A Western consortium began exporting oil from Masila in the Hadramut in 1993, and production there reached (420,000 barrels) per day in 1999. There are new finds in the Jannah (formerly known as the Joint Oil Exploration Area) and east Shabwah blocks.
Our main activities include the following:
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