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AL- Mutahar is one of the oldest business families in Yemen

Al-Muthar was established in Ethiopia and Erirtrea.

1907


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.
 

1962

Al-Mutahar group decided to get involved in the Oil and gas industry. Bin Al Mutahar was established then.

1986

Bin Al Mutahar established Yemen Resources Ltd., and jointed Presussag Energie GmbH to obtain Block S2 (Alouqlah).

1997

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
 
 

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