IEOC Group's Amended Nile Delta Concession
The amendments to the Nile Delta production-sharing concession agreement,which were recently signed by Egypt with the consortium headed by the ENI/Agipsubsidiary International Egyptian Oil Company (IEOC), have become available toMEES. These amendments, which include Egypt's new incentive gas provisions,are summarized below. The onshore/offshore Nile Delta acreage was originallygranted to IEOC in 1974:
- Companies: IEOC...