VOL. XXXIV

NO. 45

12-AUGUST-1991

Yemen

Yemen Announces Big Oil Strike by CanadianOxy

Yemen's Deputy Minister of Oil and Mineral Resources, Mr. Ahmad Qaid Barakat,announced on 4 August that CanadianOxy Offshore International - operator of the36,000-sq. km. Masilah-Barriyah block in the eastern part of the Yemen which itholds jointly with the Lebanese Consolidated Contractors International Company(CCIC) and the US Shell subsidiary Pecten Yemen - had made the largest discoveryin the area so far in an...