EGYPT

Gupco Exploration manager Discusses Incentives for Oil Companies 

Writing in a recent issue of al-Bitrul, the monthly magazine published by the Egyptian General Petroleum Corporation (EGPC), Mr. Ahmad Shawqi 'Abdin, Exploration Manager of Gupco (EGPC-Amoco), discusses the subject of incentives to encourage the oil companies operating under production-sharing agreements in Egypt to maintain their exploration and development operations in the face of sharply falling oil...