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Al-Muthar was established in Ethiopia and Erirtrea.
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1907 |
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Al Muthar Motor
& Engineering Company (AMECO) was established
after the eruption of the Yemen revolution. Al
Mutahar has always participated in government
tenders and contracts.
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1962 |
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Al-Mutahar group decided to get involved in the
Oil and gas industry. Bin Al Mutahar was
established then. |
1986 |
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Bin Al Mutahar
established Yemen Resources Ltd., and jointed
Presussag Energie GmbH to obtain Block S2 (Alouqlah).
|
1997 |
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With effect
from 1 January 2003, the European oil and gas
group OMV
acquired the entire international E&P portfolio of
Preussag Energie
GmbH, a wholly-owned subsidiary of TUI AG. |
2003 |
|