YEMEN
Kuwait Energy Poised To Take 43,00B/d Yemen Block
By Nader Itayim
The Kuwaiti oil and gas independent has come to an agreement with US firm Hunt Oil to acquire its Yemeni subsidiary, taking with it a 15% stake and operatorship of Block 5.
As part of its plan to further expand its asset portfolio in the region, Middle East and North Africa (MENA)-focused Kuwait Energy has concluded talks with Hunt Oil to buy out the Jannah Hood Oil...
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