Main terms of New Amoco, BP and IEOC Oil Agreements
More information has become available on the main terms of the four new oilproduction-sharing concession agreements signed last month by Egyptian OilMinister Abd El-Hady Kandil with Conoco, BP and IEOC (MEES, 11 January). Thehighlights of the agreements, which require the approval of the EgyptianPeople's Assembly (parliament), are given below:
- Area and location: 193.8 sq. kms. of offshore acreage at...