Subscribe free to our newsletters via your
. Military Space News .




OIL AND GAS
DNO stops energy work in Yemen
by Daniel J. Graeber
Oslo, Norway (UPI) Mar 31, 2015


disclaimer: image is for illustration purposes only

Norwegian energy company DNO announced Tuesday it stopped work in Yemen because of the tense security situation in the country.

The company said it suspended operations in Yemen entirely. Prior to the announcement, the company said it was producing around 1,950 barrels of oil per day from two reserve interests in the country.

Saudi Arabia last week announced it was leading military operations, dubbed Decisive Storm, with its Arab allies "in order to defend the legitimate government in Yemen and prevent the Houthi militias from controlling the country by force."

The Houthi militia, a Shiite group, has in recent weeks put pressure on the administration of President Abd Rabbuh Mansur Hadi. U.S. forces are providing assistance to their Saudi counterparts .

The Houthi uprising escalated last year in Yemen. In November, DNO declared force majeure in Yemen, meaning it was freed from contractual obligations because of circumstances beyond its control, out of security concerns.

"The company continues to monitor the situation closely and has initiated plans to secure its facilities and remove non-essential staff," the company said in its latest statement. "All expatriates were previously relocated to Dubai."

A September brief from the U.S. government finds Yemeni oil production has been in a steady state of decline since 2001 because of the lack of national security and the natural decline of oil and gas fields.

Though the country is not a major producer, the Bab el-Mandab shipping channel makes Yemen a strategically significant country. More than 3 million barrels of oil per day passes through the channel at full capacity.


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Looking to space to quantify natural gas leaks on Earth
Denver CO (SPX) Mar 30, 2015
The recent increase in natural gas production could provide a bridge to a lower carbon future because it generates half the carbon dioxide (CO2) of coal when burned. However, natural gas that is leaked into the atmosphere could speed global warming and climate change. That's because its primary component, methane, is a much more powerful greenhouse gas than CO2. Understanding the leakage r ... read more


OIL AND GAS
Russia warns US against sending missile defence system to South Korea

Denmark could face nuclear attack if joins missile shield

US official dismisses China's concern over missile defence

Russia's SMF Ready to Repel a 'Lightning-Speed' Nuclear Strike

OIL AND GAS
Canada orders missile protection system

India test fires Astra missile

Airbus DS teams with Korean company for missile warning system

Nuclear Capable Missile Test-Fired in Pakistan

OIL AND GAS
Tern enables small ships to host their own UAVs

Amazon says US too late on drone rules

DARPA, Navy contract for new UAS-ship capability

US allows Amazon to test drones

OIL AND GAS
Unfurlable Mesh Antennas Deployed On Third MUOS Satellite

Harris continues engineering support for government communications

Russia Starts Large-Scale Communications Drills in Nine Regions

SES Conducts Second O3b Satellite Demonstration for the US Government

OIL AND GAS
Squid-inspired 'invisibility stickers' could help soldiers evade detection

U.S. company Leidos to manage Britain's military logistics

Swiss defense firm marketing new mortar system

Smiths Detection supplying equipment to Paraguay

OIL AND GAS
Airbus DS sells Rostock System Technik subsidiary

China becomes world's number three arms exporter: study

China becomes world's number three arms exporter: study

Defence firm wants damages from Germany over blocked Russia contract

OIL AND GAS
Ukraine receives first batch of US Humvees

Japan PM not to attend China's war parade: report

Moscow-friendly Greece could 'paralyse' NATO

Sri Lankan leader to renegotiate China deals on visit

OIL AND GAS
Sharper nanoscopy

NC State researchers create 'nanofiber gusher'

Click! That's how modern chemistry bonds nanoparticles to a substrate

Nanospheres cooled with light to explore the limits of quantum physics




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.