Google Trade Arabia News Service - Sana'a- OMV, a leading oil and gas group in Central Europe, has started oil production with early production facilities in Block S2 (Al Uqlah) in Yemen.
Initially, the daily production rate of the first production well Kharwah-1 is approximately 1,000 barrels (bbl).
Further development of the oil field, operated by OMV, is carried out in two phases. In the first phase a daily production of 11,000 bbl should be achieved by 2008. In the second phase production will be increased to 32,000 bbl/d as of 2009/2010, a statement said.
Proved reserves amount to approximately 50 million bbl. The field is expected to have a lifetime of at least 20 years. Furthermore OMV was awarded a new exploration licence on December 9, 2006, which will boost OMV´s Yemen portfolio, it said.
The development area for oil discoveries in Block S2 comprises an area of approximately 1,000 sq km in central Yemen. Investments for the first development step amount to $85 million, it said. Current estimates for the full field development, including phases 1 and 2, are $250 to $300 million..
-TradeArabia News Service
The United Arab Emirates acknowledged on Tuesday that two of its pilots were killed when their military aggression plane crashed over Jawf province, a military official said
The official added that the aggressive crashed plane was an apache that was
Artillery of the army and popular shelled a gathering of Saudi-paid mercenaries in al-Moqadra area in Serwah district of Marib province, a military official said on Tuesday.
Meanwhile, dozens of Saudi-paid mercenaries were killed and others injured in Wadi al-Theek in the district, the official added.
The army and popular forces carried out on Monday unique military operations in Taiz province.
A military official said that a number of Saudi-paid mercenaries were killed at the hands of the army and popular forces in al-Jazami Hill in al-Kadaha area in al-Ma'afer district.
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
The army artillery and popular committees launched a fierce attack on Saudi-paid mercenaries' sites in Jawf province, a military official said on Monday.
The attack destroyed a military vehicle belonging to the mercenaries and killed all on board in Sabran area in khab and shaaf district.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
The army and popular committees have killed a total of 18 Saudi-paid mercenaries in sniper operations over the past hours in the central province of Marib, a military official said on Sunday.
Ten mercenaries were killed in Nehm district and eight others were killed in Serwah district, said the official.
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.
OMV begins production in Yemen facility
