SOUTH YEMEN

South Yemen to Sign Two Production Sharing Agreements 

MEES learns from authoritative oil sources in Aden that the Calgary-based Canadian Occidental Petroleum Ltd. and the Lebanese-owned Consolidated Contractors Company (CCC) have initiated an agreement with South Yemen's Petroleum Exploration Department (PED) for a production-sharing concession at al-Masilah al-Barriyyah in the eastern part of the country. The 36,000 sq. km. area is located midway between the...