Yemen | Egypt Oil & Gas

Egypt Signs Three MoUs for Oil & Gas Developments on First Day of EGYPS 2022

Egyptian Minister of Petroleum and Mineral Resources Tarek Molla has witnessed the signing of three memoranda of understanding (MoUs) during the first day of the EGYPS 2022 with a number of international companies ...

Egypt, Yemen Discuss Energy Cooperation in Bilateral Talks

El Molla stressed Egypt’s readiness to provide Yemen with all the capabilities needed in order to promote the oil and mining sector, following the challenges it has experienced in recent years.

Yemen Has Plans to Raise Production by 25%

Yemen’s energy minister of the country’s internationally-recognised government,  Aws Abdullah al-Awd, announced that Yemen has plans to ramp up production by 25% to 75,000 barrels of oil per day (bbl/d).

Yemen’s Safer Oil Resumes Pumping Oil to Arabian Sea

Yemen’s Safer Oil company, owned by the internationally recognized government of Yemen, resumed pumping oil from its fields in Shabwa to a terminal on the Arabian Sea.

Yemen Calls for Restoring Local Oil Production

The government of Yemen has called upon oil companies involved in exploration and production (E&P) to restart work based on mutual partnership agreements.

UAE Completes $100M Power Station in Yemen

The UAE has built a 120 MW, $100 million power station in the Yemeni port city of Aden.

Saudi Arabia Reopens Red Sea Shipping Lane

Saudi Arabia resumed oil shipments through the Red Sea shipping lane Bab al-Mandeb.

Saudi Arabia Halts Red Sea Shipments After Houthi Attack

Saudi Arabia is “temporarily halting” all oil shipments through the Red Sea due to an attack on two oil tankers by Yemen's Houthi movement.

Aramco Facilities Remain Operational after Missile Report

Saudi Aramco affirmed that their plants and facilities in the Najran province are fully operational, after reports of a short-range ballistic missile being fired towards an Aramco facility.

South Yemen Oil Production May Resume in April

Austrian oil company OMV has signaled that oil production could resume in south Yemen in April 2018.

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