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Nexen confirms Masila exit

Canadian company Nexen has confirmed the Yemen government will not be renewing its production sharing agreement for Block 14 which contains the Masila oilfield.

Nexen chief: Marvin Romanow said Nexen was proud of its accomplishments in Yemen while expressing disappointment of not having the Masila PSA renewed
Nexen chief: Marvin Romanow said Nexen was proud of its accomplishments in Yemen while expressing disappointment of not having the Masila PSA renewed
Published 23 November 2011, 07:41Updated 11 October 2016, 07:33
Middle EastNorth Africa