SAUDI ARABIA-EGYPT

Egypt and Saudi Arabia to Conduct Joint Seismic Survey in the Gulf of 'Aqaba

Egypt and Saudi Arabia have agreed to conduct a joint marine seismic survey in a new hitherto unsurveyed part of the Gulf of 'Aqaba, according to Mr. 'Abd al-Wahhab Yusuf, head of the petroleum agreements section at the Egyptian General Petroleum Corporation (EGPC). He said that seeps in the area show that there may be oil in the northern part of the Gulf, and added that the seismic...