NO. 6


Yemen/Saudi Arabia

More Saudi Investors Participate in Yemen Oil Search

Saudi private investors have recently been showing greater interest inparticipating in oil exploration and development in Yemen. So far three bigSaudi business groups have acquired production sharing interests in Yemen'sexploration drive.

Following the award last month of the prized Shabwa Block No. 4 as well asthree other blocks to the Saudi-owned Nimr Petroleum Company (MEES, 21 Octoberand 4...