Total announces that it has signed an agreement with Sinopec to farm into two onshore exploration blocks in Yemen with an interest of 40%. The agreement was recently approved by the Yemeni government.
Block 69, which covers an area of 1,333 square kilometres, is located in central Yemen’s Marib Basin, which is home to the reserves that feed the Yemen LNG liquefied natural gas project. Block 71, which extends over an area of around 1,800 square kilometres, is located in eastern Yemen’s Masilah Basin, near Block 10, which Total has operated for 20 years.