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History 1980 Take over of Korea Oil Corporation History 1988 Success of Oil Exploration History 1991 Completion of Vertical Subsidiary Model
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Expansion of Oil Exploration Business

The Korea Oil Corporation expands its business and begins producing 150,000 barrels per day from facilities in North Yemen. The Marib oil field took only 40 months between its initial exploration and when production began, an extremely short time frame for the process.

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