VOL XXVIII
NO.26
8-APRIL-1985
EGYPT
EGPC Signs Concession Agreements with Amoco and Royal Dutch/Shell
The Egyptian General Petroleum Corporation (EGPC) has signed two oil production-sharing concession agreements with Amoco and Royal Dutch/Shell.
The agreement with Amoco covers 700 sq. kms. of onshore acreage at Darag in the northern part of theGulf of Suez and provides for a signature bonus of $1mn and an exploration obligation of $16.7mn over 8 years - $5.9mn in an initial 4-year period and...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!