Austria's ÖMV Acquires 50% Interest In Clyde/Ansan Wifks Block 10B
Austria's energy group OMV has concluded a farm-in agreement with ClydePetroleum of the UK and the local firm Ansan Wifks (Hadhramaut) Ltd. for Block10B (the Sar Block) in Yemen's Shabwa region, which was awarded to Clyde/AnsanWifks last January (MEES, 11 January). The 1,100-sq. km. block, which wasrelinquished by Total (see map in MEES, 22 June 1992), lies approximately 20 kms. to the west of...