Despite the continuing incidence of attacks on its oil and gas infrastructure, Yemen has invited international oil companies (IOCs) to make offers for oil exploration contracts in five new blocks as the country looks to begin its latest drive to hike production capacity.
On offer were blocks 6, 15, 84, 85 and 102, which are in the Sab’ateyn basin in the Marib province, and the Sayun-Masila basin in the Hadhramout province. Of the five blocks, all but Block 15 are onshore. (CONTINUED - 730 WORDS)
