Yemen govt rejects Zenith Netherlands oil acquisition ...Saudi Arabia

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Yemen govt rejects Zenith Netherlands oil acquisition
Thu, 2023-01-05 22:46 AL-MUKALLA, Yemen: The internationally recognized government of Yemen has flatly denied a statement by international oil company Zenith Netherlands regarding the acquisition of oil fields managed by OMV in Yemen’s southern province of Shabwa, saying that the company is ineligible to acquire oil assets in the country. Yemen’s Oil Ministry said that it had not authorized the sale of OMV oil facilities in Yemen to the Dutch company, accusing both companies of releasing “misleading” information.Main category: Middle-East

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