VOL. XXXI
NO. 14
11-JANUARY-1988
EGYPT
Egyptian Oil Minister Abd El-Hady Kandil has signed a number of new andamended oil production-sharing concession agreements with IEOC (ENl/Agip), BPand Amoco.
Two new agreements were signed with IEOC on 22 December 1987 for offshoretracts at Nazzazat and Ranim in the Gulf of Suez. The Nazzazat concession coversan area of 84.2 sq. kms. and provides for an expenditure of $25mn on exploration over six years, a signature bonus of $6mn and anoutput split ranging...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!