VOL. XLI
No. 30
27-July-1998
YEMEN
Occidental US Acquires Shell's Pecten Share In Masila Block Through Swap Deal
On 23 July, Occidental Petroleum Corporation of the US and the Royal Dutch/Shell Groupsigned a series of agreements committing themselves to swap some of their interests intheir respective global oil and gas exploration and production holdings. Under the termsof the deal, Occidental will acquire the assets and business of Shell's wholly-ownedsubsidiary Pecten Yemen in Yemen's Masila...
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