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South Yemen

South Yemen Negotiates Terms of Two Production Sharing Agreements

MEES learns that the South Yemeni Ministry of Energy and Minerals iscurrently negotiating the terms of production-sharing agreements for two blockslying in the northeastern part of the country. Last week the Ministry signed amemorandum of understanding with a consortium comprising the Abu Dhabi-based BinHam Group, Tullow Oil of the Irish Republic, and Complex (Yemen) Ltd., - whichis the...