VOL. XXXV
NO. 10
9-DECEMBER-1991
Yemen
Yemen Government Approves Nimr Agreement with Arco
MEES is reliably informed that the Yemeni Ministry of Oil and MineralResources approved late last month the agreement reached by Nimr PetroleumCompany (NPC) and the US's Atlantic Richfield (Arco) for the latter to act asoperator for the 1,930-sq. km. Shabwa Block No.4 on a service contract basis.It also granted NPC pre-assignment approval for the farming out of an equityinterest to Arco at a later date, upon...
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