VOL. XXXI

NO. 21

29-FEBRUARY-1988

NORTH YEMEN

North Yemen Approves Texaco/CFP-Total Joint Venture Agreement

The North Yemeni Ministry of Oil and Mineral Resources has approved a 50-50joint-venture agreement concluded between CFP-Total and Texaco of the US andcovering CFP-Total's Mocha-Khawkhah concession in North Yemen (MEES, 4 January).The original production-sharing agreement, which was signed with CFP-Total inMay 1985 and ratified in September 1985, covers a 9,047-sq. km. onshore/offshoretract...