OMV to increase its oil production up to 30,000 bpd by end 2011
The Source: www.sabanews.net - 11/11/2009
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Austrian OMV company is to increase it crude oil production by end of 2011 in Block #S2 of Arma district in Shabwa province from 27,000 barrels bpd 30,000 barrels bpd. In his meeting with Shabwa governor Ali al Ahmadi, the director of the company affirmed concern of the company to improve its operations in the province, pointing out to the desire of the company to increase its production in coming two years.The governor discussed with the director of company issues related to contributions of the company in development projects in the province and coordination with the leadership of the province over needs of the company from local labor.The OMV, the leading oil and gas group in Central Europe, started oil production with early production facilities in the Block S2 in December of 2006.
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