Terms of Amoco's West Bakr and West Qarun Concessions
The terms of the two oil production-sharing concession agreements concluded last year by the Egyptian General Petroleum Corporation (EGPC) with Amoco for acreage in Egypt's West Bakr and West Qarun areas (MEES, 24 December 1984) have become available to MEES. These are summarized below:
- Area and location: 660 sq. kms. onshore in the West Bakr area west of the Gulf of Suez.
- Development period: 20...