VOL. XLIII
No. 15
10-April-2000
YEMEN
CanOxy Awarded Four New Production-Sharing Agreements As Production From Masila Reaches 215,000 B/D
The Yemeni parliament on 2 April gave final approval to the four latest production-sharing agreements (PSAs) between the government and Calgary-based Canadian Occidental Petroleum Corporation (CanOxy). In 1998, the company signed an MOU and later an agreement with the Yemeni Oil Ministry for Blocks 11, 12, 36 and 54, which was subject to parliamentary...
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