Mubadala signs oil and gas deal with Yemen

14 December 2010

Abu Dhabi and Sana’a-Mubadala Oil and Gas and Yemen Co for Investments in Oil and Minerals (YICOM) have signed a memorandum of understanding on cooperation in the exploration and production sector of the oil and gas industry in Yemen. According to the agreement, the two parties are to exchange technical information to assess opportunities to work together on new investments, field redevelopment and expansion projects and other oil and gas operations in Yemen.

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