Middle East Economic Survey


No 28



Repsol Wins First Post-Revolution Upstream Deals

Tunisias state-owned ETAP has awarded three seismic survey licenses to Spains Repsol in what is the first such award since the overthrow of the dictatorship of former president Zine al-Abidine Ben Ali in January. The two-year deals cover the 6,500 sq km Ras Korane, the 4,000 sq km Ras Rihane and the 4,600 sq km Nadhour blocks offshore northern Tunisia. In the wake of Mr Ben Alis...