EGYPT

Terms of EGPC's New Oil Concession Agreements with Amoco, Conoco and IEOC

The main terms of six oil production-sharing concession agreements recently concluded by the Egyptian General Petroleum Corporation (EGPC) with Amoco, Conoco (three) and IEOC (two) have become available to MEES, and details are given below. It should however be noted that the agreements are subject to approval by the Egyptian Council of Ministers and People's Assembly (parliament).

Amoco

- Area and...