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About The
company:
Yemen Resources Limited (YRL), established in
1997, is a limited liability registered company
under the Companies (Jersey) Law 1991.
Our
partners:
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Joint venture partner: Sinopec International
Petroleum Company
(37.5%)
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Joint venture partner: The Yemen Corporation for
Oil and Gas
(12.5%)
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Joint venture partner: Yemen Resources Limited Company (YRL)(6.0%)
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History
Milestones:
1997:
Yemen Resources Ltd
Company was established, and jointed Presussag
Energie GmbH to obtain Block S2 (Alouqlah).
2003:
The European oil and gas group OMV acquired the
entire international E&P portfolio & upstream assets
of Preussag Energie GmbH, a wholly owned subsidiary
of TUI AG.
2003:
In the same year, Habban oil field was discovered in
Block-S2, Al Uqlah, which was subsequently
developed.
2006:
Announcement of Commerciality in the early of 2008
and early production commenced via temporary
production facility on December 2006. |
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