VOL. XXII

NO. 10

12-DECEMBER-1988

EGYPT

EGPC Invites Bids for Seven Onshore Blocks in Suez Gulf Basin

The Egyptian General PetroleumCorporation (EGPC) has invited bids from international companies for oil andgas rights in seven onshore blocks on both sides of the Gulf of Suez. Theclosing date for submitting the bids is 28 February 1989, and the terms of theagreements for the blocks on offer will follow the usual Egyptian pattern oncost recovery and production sharing for any oil and/or gas...