Yemen Signs Exploration Deal with Clyde Petroleum for Hadhramaut Block
The Yemeni Ministry of Petroleum and Mineral Resources signed on 24 Septembera production sharing agreement with Clyde Petroleum of the UK covering a7,300-sq. km. block in the Huwairim region of east Hadhramaut. Yemen hadinitialed a deal for this acreage with Clyde Petroleum last July. At the sametime it also initialed another agreement with a joint venture comprising Londonand Scottish...