Yemen to Sign 2 Oil Production Sharing Deals [Archives:2000/09/Local News]

February 28 2000

An official in the Oil Ministry said that negotiations with Adair Oil and Gas Inc and with Al-Otaiba Group of the UAE and Australia’s Oil Search to sign production sharing agreements were almost finalized.
Yemen last year signed a MOU with Australia’s Oil Search Ltd and Mohammed Al-Otaiba Group to carry out exploration in offshore block 15 in the southern Mukalla area.