Middle East Economic Survey

VOL. XLVIII

No 36

5-September-2005

YEMEN

Calvalley Receives Go-Ahead For Block 9 Development

Canadas Calvalley said on 25 August that it had received approval from Yemens Ministry of Oil and Minerals for the commercial development of Block 9, following the announcement of commercial discoveries there in June (MEES, 13 June). The development area covers around 63% of the 3,546 sq kmpreviously held under the exploration phase and includes the al-Roidhat, Auqban, Hiswah,...