VOL. XXXIV

NO. 52

30-SEPTEMBER-1991

Yemen

Major Shabwa Block Awarded to Yemeni-Owned Expatriate Company

The Yemeni Ministry of Oil and Mineral Resources signed on 21 September aproduction-sharing agreement for Shabwa Block 4 with the Cayman Island-basedNimr Holding Company. The firm represents basically Yemeni expatriate financialinterests and has had no previous oil experience. MEES understands that the Nimr company is currently holding talks with several oil firms for the purposeof selecting an...