Middle East Economic Survey
VOL. XLIX
No 3
16-January-2006
YEMEN
OMV Makes Commercial Oil Discovery In Yemens Block S-2
Austrias OMV has made a commercial discovery of oil in its Block S-2 (Al-Uqlah) operations in central Yemens Shabwa province, and has been given the go-ahead to develop the reserves, the company said on 9 January. The two-phased development plan which has been approved by the Yemeni government and OMVs partners, could
result in first oil production as early as 3Q 2006 with a total...
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