VOL. XXXIII

NO. 44

6-AUGUST-1990

Egypt

Repsol to Purchase Conoco's Western Desert Holdings

Repsol has reached an agreement with Conoco for the purchase of Conoco'sproducing and exploration interests in Egypt's Western Desert, according to astatement issued by Repsol in Madrid on 27 July. The purchase is subject to theapproval of the Egyptian Government. The statement does not specify the amountRepsol will pay for these interests, but earlier reports indicated that Conocowas seeking a $200mn...