Activities of three oil companies to be reinstated

Posted in: Business & Economy
Written By: Faisal Darem
Article Date: Dec 24, 2011 - 8:04:02 PM

Three oil companies asserted intention to reinstate their activities in Yemen.
This come during a meeting held in Tuesday Dec 20th,? gathered Oil and Minerals Minister Hisham Sharaf with OMV company's Executive Director Norbert Groschner, Calvalley Petroleum Company General Manager Nabil Nassef and Quiet Energy Company Operation Head for the Middle East and Russia Mohammed al-Hawqal.

During the meeting, the oil companies' officials said that their staffs, who have left the country, would return and practice their normal activities after ending the Yemeni crisis.

The Minister reviewed with the companies officials the exploration and production operations in the blocks the companies run as well as their future trends.

Sharaf accented the government's trend to open investments to the major international and regional companies in oil, gas and minerals sectors in the country.

The ministry would offer all facilities for the companies working in Yemen to practice their activities normally.

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Source: http://www.yobserver.com/business-and-economy/10021731.html

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