Safer E&P Operations Company was Established under the Laws of The Republic of Yemen on March 23, 1997 as the national upstream oil and gas company, empowered to carry out oil and gas exploration development and production operations in the country, Safer headquartered in Sana’a, is a wholly-owned entity of the Government of Yemen with an initial working Capital of USD 150,000,000. On November 15, 2005, Safer assumed all upstream oil & gas operations in Yemen’s premier Marib-Al-Jawf Block (18) as the sole designated operator of this entire area. With a dedicated & professional staff of about 1,200 Yemeni and expatriate petroleum workers, Safer is organized to identify pursue, capture & evaluate all exploration concepts in the Marib block by employing new explorations concepts, tests of new plays and further exploration of established and/or mature plays. We apply cost-effective technology, efficient operation management systems and the ingenuity of our employees to maximize the commercial recovery and production of hydrocarbons. Currently, Safer is producing about 70,000 barrels of crude oil per day, 2.6 BCF of natural gas per day ( Most of which is re-injected), 20,000 barrels of C5+ per day and 22,000 barrels LPG per day from the 17 producing fields ( about 650 oil and gas wells) of the Marib Block 18. In addition, Safer owns, operates and maintains a 440 Km (24 - 26 inches) crude oil pipeline that transports not only Safer’s crude but also the crude of other producers in the vicinity of our block from the Marib block to Ras Issa in the Red Sea. Safer also owns, operates and maintains FSO SAFER, a floating oil tanker that is anchored at Ras Issa, for the purpose of receiving , storing and offloading crude oil to other oil tankers for export, FSO SAFER which is valued at USD 70,000,000 has a total storage capacity of about 3,200,000 barrels of crude.

Mr. Abdullrahman Alakwa’a
Vice Executive Manager