NORTH YEMEN

North Yemen/Hunt Oil Award Contract for Export Pipeline 

North Yemen and the Yemen Exploration and Production co. (YEPCO) - a joint venture between Yemen Hunt Oil Company (YHOC) and Yemen Exxon - have awarded a $90mn contract to a consortium composed of Saipem of Italy, Mannesmann of West Germany and the Athens-based Lebanese firm Consolidated Contractors International Company Ltd. (CCICL) for the construction of a 440-km., 24/26-in. crude oil export pipeline with a...