VOL. XXXV

NO. 16

20-JANUARY-1992

Yemen

Nimr Petroleum Finalizes New Exploration Deals in Yemen and Plans JointVentures in US and North Sea

Nimr Petroleum Company (NPC), the newly established Saudi private oilventure, has now finalized three new exploration deals with the Yemeni oilauthorities, in addition to the oilfields in Shabwa Block 4 which it plans toput into production next April. MEES also understands that NPC is in the finalstages of negotiating a joint venture with a US firm to...