New bid round launched

26 August 2005
The Oil & Mineral Resources Ministry has launched a new international licensing round. Fourteen blocks are on offer and bids are due by 4 January. The tender follows the award of seven concessions to four international oil companies - Australia's Oil Search, the US' Occidental Petroleum Corporation, Korea National Oil Companyand Dubai-based Al-Thani Corporation- in late July (MEED 29:7:05).

On offer in the latest round are:

Block 11, Al-Khadrah, covering 10,438 square kilometres in the Rub al-Khali basin;

Block 12, North Sanau, covering 7,867 square kilometres in the Rub al-Khali basin;

Block 17, Aden/Abyan, covering 19,385 square kilometres in the Aden-Abyan basin;

Block 19, Al-Jawf, covering 8,424 square kilometres in the Marib-Sabatayn basin;

Block 23, Antufash, covering 8,361 square kilometres in the Tihama basin;

Block 28, North Bel Haf, covering 4,465 square kilometres in the Bel Haf-Hajar basin;

Block 29, South Sanua, covering 9,237 square kilometres in the Rub al-Khali basin;

Block 30, Habroot, covering 8,276 square kilometres in the Rub al-Khali basin;

Block 57, Al-Rayan, covering 10,963 square kilometres in the Rub al-Khali basin;

Block 79, North al-Khadrah, covering 7,990 square kilometres in the Rub al-Khali basin;

Block 80, West Sarr, covering 1,961 square kilometres in the Sayun-Masilah basin;

Block 82, Wadi Amed, covering 1,853 square kilometres in the Sayun-Masilah basin;

Block 83, Wadi Arat, covering 364 square kilometres in the Sayun-Masilah basin;

Block 84, Ghayl bin Yamin, covering 731 square kilometres in the Sayun-Masilah basin.

The blocks are being tendered on the basis of Sanaa's standard production sharing agreement.

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