VOL. XL No. 185-May-1997


Yemen Signs MOU With Germany's Preussag ForE&P Agreement

The Yemeni Ministry of Petroleum and Minerals signed on 15 April a Memorandum ofUnderstanding (MOU) with the German firm Preussag which is to be followed up bythe conclusion of an exploration and production sharing agreement coveringthe 2,800 sq.-km. Shabwa block No. S-2 (the 'Uqlah block) which was relinquishedby Occidental. MEES understands that follow-up negotiations are to be heldduring this month,...