The European Union (EU) strongly condemned the attack by the Iranian-backed Houthi terrorist militias on the commercial ship (MINERVAGRACHT), which flies the Dutch flag in the Gulf of Aden.
Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
Yemen: SEPOC inaugurates Electric Submersible Pump project
[26/11/2024 04:23]
MARIB - SABA
Safer Exploration and Production Operations Company in Marib set in motion today the use of an electric submersible pump ESP as a new project in Unit 2 well, with a production capacity estimated at about 800 barrels per day of crude oil.
The company's CEO Eng. Salem Kaiti said this project represents the first phase of developing a number of dead wells due to low pressures and returning them to the production line, which will lead to improving oil production in Sector 18.