Terms of Concession Agreements with Esso, BP, Conoco and Getty
The main terms of the four oil production-sharing concession agreements signed last August (MEES, 3 September 1984) by Egyptian Oil Minister Abd El-Hadi Kandil with Esso, BP, Conoco and Getty have become available to MEES. These are summarized below:
Esso - Eastern Desert
- Company: Esso.
- Area and location: 31,700 sq. kms. onshore in the Eastern Desert southeast of Cairo.
- Development period: 20 years, renewable...