Middle East Economic Survey

VOL. XLIX

No 30

24-Jul-2006

EGYPT

BG Egypt Signs Concession For North Sidi Kerir Deep Offshore Block

BG Egypt and its partner Petronas Carigali Overseas on 17 July signed a concession agreement for Egypts North Sidi Kerir Deep Offshore oil and gas block. BG will be operator and each partner will hold 50% of the license. The North Sidi Kerir Deep Offshore lies in the Mediterranean off the Nile Delta and adjacent to the West Delta Deep Marine (WDDM) where BG and Malaysias...