Some six months after launching its 2012 bid round for five new blocks, Yemen’s Ministry of Oil and Minerals has released a shortlist of prequalified companies that will be able to bid for the licenses. Of the 23 companies that registered an interest in conducting exploration activities in at least one of the five, nine have now been prequalified as possessing the fundamental expertise and weight required by the government in September last year .
On offer are Blocks 6, 15, 84, 85 and 102, which are situated in the Sab’ateyn and Sayun-Masila basins in the Marib and Hadramaut provinces respectively (MEES, 21 September 2012). Of the five blocks, all but Block 15 are onshore (see map). (CONTINUED - 694 WORDS)