Middle East Economic Survey

VOL. XLVIII

No 38

19-September-2005

YEMEN

Yemen Announces Details Of Third International Bid Round

Yemen has announced the details of the 14 blocks on offer under its third international bid round, setting the deadline for applications for 4 January 2006. Contracts will be based on a production-sharing agreement (PSA) model, with latest standard PSAs and data exposure made available, said Yemens Petroleum Exploration and Production Authority (PEPA). Bidding companies...