Promotion Launched for Yemen Offshore Blocks

Monday, November 12, 2007
Oil is the key corner of the development process of Yemeni economy. The Ministry of Oil and Minerals headed by the Minister Khalid M. Bahah and the Petroleum Exploration Production Authority (PEPA) have launched a massive campaign promoting Yemens offshore oil blocks. Recently, the Ministry held a promotional conference to highlight the features of investing in Yemen and to call on investors to place their bids for the new 11 Offshore Oil blocks that are up for grabs. The blocks are located in the Red Sea, blocks 55, 22 and 23; Gulf of Aden, blocks 46, 61, 62 and 63 and Socotra basin, blocks 93, 94, 95, and 96. The conference was a success with more than 40 big oil firms attending including Shell, British Petroleum, Exxon Mobil, Oxy, Nexen, Oil Search and CCC. In addition, international oil services companies attended the presentation. Governmental representatives were there for any questions or explanations that were needed. The ministry and the representatives offered full comprehensive data covering the block profiles, including geological and geophysical data for each block as well as map and petroleum agreements and contracts. [Source: http://www.yobserver.com]

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Allcargo Groups Subsidiaries as ECU Worldwide

ECU Line, Econocaribe and China Consolidators undergoes rebranding to build a Global Brand Connect   India’s integrated logistics solution provider Allcargo Logistics

Damen Opens US Office

Damen Shipyards Group has announced the opening of a new branch office in Houston, Texas. This expansion, under the name of Damen North America, meets the increasing

French PM: Aussie Subs to be built in Australia

French Prime Minister Manuel Valls said on Monday he was committed to building all of a new Australian submarine fleet in Australia, apparently contradicting the

Offshore

Highest-Pull Wireline Conveyance System from Schlumberger

Schlumberger announced today the launch of the MaxPull high-pull wireline conveyance system that can pull from 18,000 lbf to 30,000 lbf in wells 40,000 ft [12,192 m] deep or more.

Cyberhawk Sinks Claws into US O&G Market

Cyberhawk Innovations, the world leader in aerial inspection and survey using Unmanned Aerial Vehicles (UAV), is set to boost its international credentials with

DNS Appoints Esson, Chief Executive

Decom North Sea (DNS), the representative body for the offshore decommissioning industry, which promotes and facilitates collaboration and cost reduction, today appointed a new chief executive.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0939 sec (11 req/sec)