VOL. XXXIX

No. 45

5-August-1996

YEMEN

Amerada And MOL Acquire Equity Interests In Occidental's 'Uqlah Block S2

Following the revision by the Yemeni authorities of the economic terms of the production sharing agreement covering Shabwa Block No. S2 (the 'Uqlah block) held by Occidental of the US (operator) and Consolidated Contractors Company (CCC) of Lebanon (for details see MEES, 19 December 1994), Amerada Hess of the US and Hungary's state-owned oil and gas firm Magyar Olaj-es Gazipari...