VOL XL
No. 03
20-January-1997
YEMEN
Yemen Signs Production Sharing Agreement With TheUK's Dove
The Yemeni Ministry of Oil and Minerals signed on 13January a production sharing agreement covering Shabwa block No. 53 with a joint venturecomprising the British firm Dove with a 75% equity interest and the state-owned YemenGeneral Corporation for Oil and Gas (YGCOG) holding the remaining 25%. This is the secondexploration agreement in which the Yemeni Government has entered into a joint equity...
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