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Oil Ministry announces companies winning 3 oil blocks
[The Source: SANA'A/hadhramaut.info/sabanews.net - 03/10/2010]
Minister of Oil and Minerals Ameer al-Aidarous announced on Sunday names of the companies which won 3 open oil blocks in Yemen within 5 blocks advertised by the ministry in June 2010 for oil and gas explorations
The winning companies are the Norwegian DNO, block No. 48, Austrian OMV, block No. 86, and Total, block No. 85.The minister pointed out in a press conference, held in Sana'a, that the selection was based on best proposals of the competing companies.He noted that blocks Nos. 55 and 80 are currently under negotiation processes regarding key terms and volume of exploration in the 1st and 2nd phases
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