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Companies, Extractive Industry, Extractive Resources

#Kuwait Energy – Foreign Extractive Industry Companies in #Yemen – looking for information

Kuwait Energy

Current Assets & Projects
1- NABRAJAH BLOCK 43

Location Yemen, Masilah Basin
Area 933 km2
Type Onshore
Blocks Exploration and Development license containing the
Nabrajah Oil Field
Operator DNO International (56.67%)
KEC Interest 28.33% (revenue interest)
Other Participants The Yemen Company (TYC) (15%)
Acquisition date 2008
Contract Type PSA
Contract Expiry April 2025
Related Photo :

2- Block 15:
Location Eastern coast, Yemen
Area 10,043 km2
Type Offshore
Operator KEC
KEC Interest 43.75%
Other Parties KUFPEC (56.25%) TYC (5% carry by KEC/KUFPEC equally)
Acquisition Date August 2008
Contract Type PSA
Contract expiry May 2011

3- Block 35:
Location Eastern Yemen
Type Onshore
Operator KEC
KEC Interest 32.5%
Other Parties Virgin Resources (37.5%), Arc (15%), MND (10%), TYC (5%)
Acquisition Date August 2008
Contract Type PSA
Contract expiry September 2009 ( 2 years extension under consideration by Yemen Government)

4- Block 49:
Location South Central Yemen
Type Onshore
Operator CCC (17.07%)
KEC Interest 42.33%
Other Parties Virgin Resources (25.6%), TYC (15%)
Acquisition Date August 2008
Contract Type PSA
Contract expiry September 2011

5- Block 74:
Location
 Eastern Yemen
Type Onshore
Operator KEC
KEC Interest 34%
Other Parties KUFPEC (21.25%), Arc (21.25%), Adelphi (8.5%), TYC (15%)
Acquisition Date August 2008
Contract Type PSA
Contract expiry March 2011

6- BLOCKS 82&83

Location South Central Yemen
Area 2,217km2
Type Onshore
Operator Medco Energi (45%)
KEC Interest 25%
Other Parties Indian Oil Corp. (15%), Oil India Ltd (15%)
Acquisition Date February 2009
Contract Type PSA
Contract expiry February 2012

Related Photo :

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