VOL. XXXVII

NO. 49

5-SEPTEMBER-1994

Yemen

British Gas Takes Over From Lasmo Operation Of Hood Block

British Gas took over from 1 August the operation of Yemen's Block No. 35(the Hood Block) following the withdrawal of Lasmo Oil from the productionsharing agreement. Lasmo's 33% stake in the 7,395-sq. km. block - which liesin the Hadhramaut region (see map in MEES, 25 October 1993) - has beenredistributed among the other companies holding equity interests in theagreement, namely British Gas,...