Terms of Shell's Obayed and Matruh Concessions
The main terms of the two production-sharing concession agreements concludedlast January (MEES, 30 January) by Egypt with Shell for onshore acreage in the Obayed and Matruh areas in the Western Desert have now become available toMEES. These are given below:
- Companies: Shell Winning N.V. and Shell Austria A.G.
- Area and location: 4,274.6 sq. kms. in the Obayed area in Egypt's WesternDesert.