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.