Yemens Parliament Approves PSA With Adair/Oxy/Saba Consortium For Block 20
Yemens parliament has approved a production-sharing agreement (PSA) with a group of three oil companies for Block 20 (al-Sabitain), Adair Oil and Gas International the operator with a 30% share in the consortium said on 21 August. The other partners are Occidental Petroleum (50%) and Saba Petroleum (20%). Adair said it would start a 3D seismic survey later this year. Last...