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Yemen – for the smaller players

Despite Yemen’s modest and, as yet not fully explored, oil resources, the country has shown an impressive progress in the business. Since the preliminary geological studies started in the eighties, Yemen has managed to attract significant international interests in oil exploration and field development. Yemen is considered a newcomer in the world of petroleum, but the operating companies predict a promising future, based on their in-house studies and estimates.
This article appeared in Vol. 1, No. 3 - 2004

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