VOL. XXXI

NO. 5

9-NOVEMBER-1987

EGYPT

Joint French-Kuwaiti Finance for Development of Amal Field

According to reports from Cairo, plans are underway for developing the Amalfield in the Gulf of Suez for production by the end of 1988 at a cost of $40mnto be contributed $15mn by Total/CFP and $25mn by the Kuwaiti Foreign PetroleumExploration Company (KUFPEC). The development work will involve preparing threeoil wells with a combined output of 10,000 b/d for production and the drillingof three...