The Yemen Oil and Gas Corporation (YOGC,المؤسسة اليمنية العامة للنفط والغاز ), a

government-owned corporation A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the governmen ...

under the direction of the Ministry of Oil and Minerals of Yemen, is an

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...

and

natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...

exploration and production company headquartered in

Sana'a Sanaa ( ar, صَنْعَاء, ' , Yemeni Arabic: ; Old South Arabian: 𐩮𐩬𐩲𐩥 ''Ṣnʿw''), also spelled Sana'a or Sana, is the capital and largest city in Yemen and the centre of Sanaa Governorate. The city is not part of the Governo ...

. It was established in 1996. In April of 2008, YOGC holds 15% participation with Medco Yemen, Kuwait Energy, Indian Oil, Oil India, who all signed an agreement with the Ministry of Oil and Minerals of Yemen for the exploration, development and production of Block 82 and Block 83 in Hadhramout Governorate. In March 2012, the YOGC began a partnership with Total, the Austrian OMV, and the Czech MND for sismic surveys which could lead to drilling explorations in an eastern area of Marib Basin which covers more than 2,954 square kilometers. YOGC has the following subsidiaries: *Petroleum Products Distribution Company *Yemen Gas Company (YGC) *Aden Refinery Company (ARC) *Petroleum Exploration and Production Authority (PEPA) *SAFER Exploration & Production Operations Company *Yemen Investments Company for Oil and Minerals (YICOM) *Yemen Refining Company (YRC) In 2023, reports emerged about the

floating storage and offloading A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...

vessel

FSO Safer FSO ''Safer'' (pronounced "saffer" ) is a floating oil storage and offloading vessel that is moored in the Red Sea north of the Yemeni city of Al Hudaydah. The ship holds more than 1.14 million barrels of oil. Its structure has been left expo ...

belonging to YOGC which remains unmaintained and polluting the

Red Sea The Red Sea ( ar, البحر الأحمر - بحر القلزم, translit=Modern: al-Baḥr al-ʾAḥmar, Medieval: Baḥr al-Qulzum; or ; Coptic: ⲫⲓⲟⲙ ⲛ̀ϩⲁϩ ''Phiom Enhah'' or ⲫⲓⲟⲙ ⲛ̀ϣⲁⲣⲓ ''Phiom ǹšari''; T ...

since the beginning of the

civil war A civil war or intrastate war is a war between organized groups within the same state (or country). The aim of one side may be to take control of the country or a region, to achieve independence for a region, or to change government policies ...

. In March 2023, the

United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be ...

decided to replace it with one of their very large crude carriers (

VLCC An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crud ...

) to avoid a possible

oil spill An oil spill is the release of a liquid petroleum hydrocarbon into the environment, especially the marine ecosystem, due to human activity, and is a form of pollution. The term is usually given to marine oil spills, where oil is released into th ...

and environmental catastrophe.

References

External links

YOGC Corporate Website
Oil and gas companies of Yemen National oil and gas companies Energy companies established in 1996 {{Yemen-stub

See also

References

External links