Yemen to Offer 15 Hydrocarbon Blocks for Exploration in October

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Yemen plans to offer next month the rights to develop 15 offshore hydrocarbon blocks as the smallest producer on the Arabian Peninsula seeks to boost production, Oil Minister Amir al-Aidarous said.

“Expanding explorations is one of the priorities of the government,” al-Aidarous said in an interview in Sana’a on Sept. 1. Yemen will offer the blocks to international companies during a two-day conference in Sana’a in October, he said.