Dep. Oil Minister, US company discuss investment opportunities in oil exploration and mining

Yemen Condemns Israeli Occupation’s Aggression on Beit Jinn in Rural Damascus

The Ministry of Foreign Affairs condemned the Israeli occupation’s aggression on the town of Beit Jinn in western rural Damascus, which resulted in a number of civilian casualties and injuries.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Gold stabilizes near its highest in two weeks

Gold prices stabilized significantly today, Thursday, after reaching their highest level in nearly two weeks in the previous session, as market participants assessed the possibility of a U.S. interest rate cut in December.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/29 Time 11:19:19
Latest News:

Human Rights Watch: Houthi Militias Arrest Dozens of Political Opponents, UN Employees

Hodeidah Governor Inaugurates Water Project in Al-Khokha

Ambassador Balfakih discusses with Indonesian official ways to strengthen bilateral relations

Republican Decree Appointing Governor for Hadhramout issued

Prime Minister Praises GCC support to Government

Dep. Oil Minister, US company discuss investment opportunities in oil exploration and mining

[21/05/2022 02:34]

Aden - Saba
Deputy Minister of Oil and Minerals, Dr. Saeed Al-Shammasi, discussed with the CEO of the American company Ceylon today in the temporary capital Aden investment opportunities and facilities available to companies operating in the field of oil and mining.

The meeting touched upon the prevailing and stimulating advantages and laws to encourage commercial and economic investment in the field of oil and mineral exploration and ways to increase projects and investments in the country during the next stage.

Dr. Al-Shamasi said that the Ministry of Oil and Minerals seeks to explore and develop the oil and mineral sectors through cooperation between national companies and foreign companies in accordance with the regulations and systems, and in a way that contributes to creating attractive opportunities and an encouraging investment environment. He affirmed the government's keenness to provide all the necessary facilities to ensure the success of the investment companies' work.