Abu Dhabi, Yemen move toward E&D cooperation
By OGJ editors
HOUSTON, Dec. 13 -- State-owned oil and gas companies of Abu Dhabi and Yemen are moving toward cooperative exploration and development in Yemen.
Representatives of Mubadala Oil & Gas of Abu Dhabi and Yemen Co. for Investments in Oil & Minerals signed a memorandum of understanding calling for an exchange of technical information and joint assessment of opportunities “to work together on new investments, field redevelopment, and expansion projects and other oil and gas operations in Yemen,” according to a press statement.