PetroMasila

STRATEGY

PetroMasila adheres to the government of Yemen’s strategy for the development of the energy industry in Yemen. In this context, PetroMasila is working to achieve the following strategic goals

CSR

PetroMasila’s Corporate Social Responsibility Policy provides for the social and economic development of local communities as an integral part of conducting business and operations

PetroMasila operates Ash-Shihr Crude Oil Export Terminal on the Arabian Sea. The terminal receives, stores, and exports the crude oil produced from PetroMasila operated and other nearby blocks in Hadhramout governorate.

Overview

Masila Petroleum Exploration and Production Company (PetroMasila) is a leading national Yemeni company working in the exploration and production of oil and gas and related energy projects.

PetroMasila was founded on December 18, 2011 under Cabinet Resolution No. 244 for 2011, to operate Block 14, after expiry of that block’s Production Sharing Agreement with the former Canadian operator.

Now, PetroMasila is operating Blocks 10, 14, 51 and 53 in Hadhramout governorate. PetroMasila also operates the Ash-Shihr Terminal on the Arabian Sea, where crude oil, produced from its and other blocks in the region, is transported by a 137km pipeline for storage and export.