Nexen loses Masila to Yemen

The Yemeni government has set up a company to take over the Masila oilfield, replacing Canadian company Nexen at a field which produced more than a tenth of the company's global output, according to reports.

Yemen: A state-owned company would take over the Masila field, according to the Saba news agency.
Yemen: A state-owned company would take over the Masila field, according to the Saba news agency.
Published 21 November 2011, 04:14Updated 11 October 2016, 08:31
Middle East