Middle East Economic Survey

VOL. XLVIII

No 31

1-August-2005

YEMEN

Yemen Announces Results Of Second International Bid Round

Yemen on 23 July announced the results of its second international bid round launched in February, with the seven blocks shared among four companies. (For a concession map see MEES, 14 February.) The UAEs Thani Investments/Al Thani Petroleum won three blocks 34 and 37, adjacent blocks in the east of the country; and 55, off the Red Sea coast. Oil Search was awarded Block 7...