Chinese Oil Company to start exploration in Yemen’s block 69

By NNN-SABA

Shabwa : Deputy Director General of the Chinese Snow Peak Oil Company in Yemen said it expected to start oil exploration in block 69 in Shabwa governorate in February.


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He said that this step comes as a result of two-dimensional quake survey findings the company carried out on 420 square km which is expected to end next week.

In a meeting with governor of Shabwa Mohammed al-Rowaishan, he noted that there are positive indicators about the availability of big quantities of oil and gas in the block.

The governor praise the level of implementation of exploration works of the company which are carried out with advanced scientific technical methods.

He wish success for the company to be one of the real investors in this sector.

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