Terms of Amoco's East Ras Gemsa Concession
The terms of the oil and gas exploration and production agreement signed inJuly 1989 by Egypt with Amoco for the East Ras Gemsa tract (MEES, 24 July 1989)have become available to MEES. The agreement, for which the effective date is 10May 1991, follows closely the pattern of other recent Egyptian oil and gasproduction-sharing agreements. The tract covers an offshore area of 162 sq. kms.in two part - named Sub-Area A...