Middle East Economic Survey

VOL. XLVII

No 27

05-July-2004

YEMEN

DNO-Led Consortium Chosen To Explore Yemens Block 72

Yemens Ministry of Oil and Minerals has chosen a consortium led by DNO ASA (operator, 34%), and comprising TG Holdings Yemen (33%) and Ansan Wikfs (Hadhramaut 33%)as the successful bidder to explore and develop Block 72 (al-Ain). TG Holdings Yemen is a wholly-owned subsidiary of Canadas TransGlobe Energy Corporation. The 1,821 sq km block in the Masilah Basin is one of six upstream...