Middle East Economic Survey
Premier Oil, SADR Discuss Exploration Licenses On Four Blocks
UK-based Premier Oil announced on 18 January that it is in advanced discussions with the Saharawi Arab Democratic Republic (SADR) regarding the award of four offshore exploration blocks in which Premier would hold a 50% equity share. Five other UK companies are in talks with SADR for the award of oil exploration licenses offshore the disputed territory. SADR...