No 49



Agip Wins New Onshore Oil Concession In Yemen

Agip Yemen, a subsidiary of the Italian energy group ENI, on1 December signed a production sharing agreement with the Yemeni Ministry ofPetroleum and Mineral Resources for exploration in Block 2 (al-Mabar). Thiscovers a an area of about 3,700 sq. kms. in the Shabwa basin 150-kms. north ofthe Gulf of Aden. A spokesman for ENI told MEES that "there will bea farm-out of Block 2 in about a week痴 time that will include...