Calvalley Oil Company to resume production from Hadhramout

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Calvalley Oil Company to resume production from Hadhramout

[24/09/2018 03:12]

SAYOON-SABA

Deputy Governor for the Valley and Desert Affairs of Hadhramout Isam bin-Hibrish presided over a meeting on Monday for discussing preparations for the return of Calvalley International Oil Company for resuming production from Hadhramout.

The meeting, which included oil and social affairs directors, dealt with facilitations to the company for resuming its activities in its privileges areas.

The meeting confirmed the significance of re-production of oil under the sponsorship of the local authority and opening an office to the company for communication with it and granting Hadhrami contractors the company's works' contracts.

Bin-Hibrish confirmed that re-production will provide significance revenue could help in solving economic crisis and help Hadhramout gets its 20 percent of the revenue and will create work opportunities to the young people.

The meeting approved setting up a clear mechanism for organizing the company's activities.