Terms of IEOC and ARCO/LL&E Concession Agreements
The terms of two oil and gas production-sharing concession agreements recently concluded by Egypt with IEOC for acreage at Ras Qattara and ARCO/LL&E for acreage at Sidi Barani have become available to MEES. These are summarized below:
- Company: IEOC Co. Inc. (the Agip subsidiary International Egyptian Oil Company).
- Area and location: 5,252.5...