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Safer Exploration and Production Operations Company (SEPOC)

Safer Exploration and Production Operations Company (SEPOC)

SAFER Exploration & Production Operations Company (SEPOC) is Yemen's premier national oil and gas company, with a global reputation for excellence. The discovery of oil in Yemen in the early 1980s marked the beginning of a new era in the country's economic development. This discovery was made by a foreign company, Yemen Hunt Oil Company (YHOC), which operated under a 20-year production-sharing agreement with Yemen. At that time, Yemen had no experience in the national oil industry, and there was a shortage of qualified Yemeni staff with basic resources and technical exploration and production techniques.