Middle East Economic Survey

VOL. XLVIII

No 20

16-May-2005

EGYPT

Bapetco Plans New Wells In Western Desert

The Badr El-Din Petroleum Company (Bapetco) plans to introduce a new drilling rig and drill 16 new wells, nine of which will be producing wells, in its Western Desert operations during 2005. The company, a 50:50 joint venture between the Egyptian General Petroleum Corporation (EGPC) and Shell, operates some 32 producing wells in the Badr El-Din fields, which are located 130km southwest of...