Yemen Awards Shabwa Block No. 6 to Indonesian Firm
The Yemeni Ministry of Oil and Minerals has decided to award the Indonesianfirm Codell an exploration and production-sharing agreement covering Block No. 6(the Iryan block), which lies in the Shabwa basin in central Yemen. The3,224-sq. km. block was originally awarded to the joint venture Strake Petroleum(Yemen) in 1990, but in March of this year the Yemeni authorities decided tocancel the consortium's...