EGYPT

Phillips Awarded Additional Acreage in Western Desert

Under an agreement concluded with the Egyptian General Petroleum Corporation (EGPC), Phillips Petroleum has been awarded a production-sharing concession covering 6,000 sq. kms. at South Umbaraka in Egypt's Western Desert (MEES, 20 April). The new acreage is adjacent to the Umbaraka concession in which Phillips has a 35t interest (the rest is owned mostly by the EGPC and Hispanoil) and to Khalda Petroleum Company's...