NO. 47



Output of Belayim Marine to Rise by 12,000 b/d

The output of the Belayim Marine field in the Gulf of Suez is to be raised by12,000 b/d from four wells to be drilled from two new offshore platformsinstalled in the field. The first of the four wells started production earlierthis month at a rate of 3,000 b/d, and the other three are scheduled forcompletion within one year. All four wells are intended to tap new oil-bearingzones in the field. The output of the...