Amoco Acquires Equity Interest in BP's Yemen Exploration Blocks
The Yemen subsidiary of British Petroleum - BP Exploration Operating CompanyLtd. - announced on 1 June that Amoco Production Company of the US, representedby Amoco Yemen Petroleum Company, will take an equity interest in threeexploration blocks in the Yemen for which BP is the operator. The explorationpermits for these blocks, onshore Shabwa blocks No. 7 (Al-Barqa) and No. 8 ('Asakir)- in which...