War-torn Yemen remains a theatre for competing for Saudi and Iranian regional ambitions. But oil output is quietly creeping up. Crude exports from the eastern Marib basin restarted in August 2016 and averaged 44,000 b/d in 2017. With Austria's OMV restarting output in April 2018, an IOC presence is no longer unthinkable.
Crude Output | 0.06 | mn b/d |
Crude Exports | 0.04 | mn b/d |
Oil Rig Count | 0 | - |
Gas Rig Count | 0 | - |
19 Jun, 2020
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After five years of war, resolution looks no nearer. But its partially restored oil sector is operating with relative stability. The Saudi-backed government wants output to hit 75,000 b/d within the coming months, and ambitiously hopes to reopen Yemen LNG by end-2020.
22 Nov, 2019
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