VOL. XXXVIII
NO. 12
19-DECEMBER-1994
Yemen
Yemen And Oxy Agree To Revise Terms Of Production Sharing Deal
MEES learns that the Yemeni oil authorities have agreed to revise theeconomic terms of Occidental's production-sharing agreement covering Shabwa'sUqla S-2 Block (MEES, 12 December). The move, long awaited by foreign oil firmsoperating in Yemen, is designed to provide better economic incentives to developsmall and difficult discoveries and thereby stem a potential exodus of companiesfrom oil...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!