VOL. XXXIV
NO. 40
8-JULY-1991
Egypt
Unocal Relinquishes Interest in Al-Tor Concession
Unocal has relinquished its interest in the 190-sq. km. offshore concessionat al-Tor in the Gulf of Suez. This was confirmed to MEES in a statement on 1July, which said that Unocal "has elected not to enter the secondexploration period of the al-Tor license in the Gulf of Suez, and has thereforerelinquished its interest in this license as of 15 May 1991. Unocal acted asoperator and held a 62% interest in this...
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