Petroleum Exploration and Production Authority (PEPA), an authorized unit of the Ministry of Oil and Mineral (MOM) was established in 1997 to act on behalf of MOM to provide supervision and monitoring of all oil and gas concession areas in Yemen. The establishment of a National Data Bank was considered a strategic project for MOM, represented by PEPA. For this purpose, an MOU was signed between PEPA and Schlumberger, on April 2001 with the purpose to design, implement, and operate a state-of-the-art information management facility in Yemen. The proposal to proceed with this plan was finalized in May 2002 and the project named the Data Bank Development Project (DBDP) initiated. The facility would essentially be used to stimulate foreign investments in Yemen and the protection of current exploration and production data.
Sector: Oil & Energy
Year Established: 1997