EGPC Gives Provisional Approval for Award of Acreage Off North Sinai toPhillips
The Egyptian General Petroleum Corporation (EGPC) has given provisionalapproval for the award to Phillips Petroleum of offshore acreage in theMediterranean to the north of the Sinai Peninsula. The tract, referred to asBlock A, formed part of the onshore/offshore acreage in North Sinai that was putto international tender back in 1989. The deadline for the bids was originallyset for...
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