Middle East Economic Survey

VOL. XLVIII

No 40

3-October-2005

EGYPT

Egypt To Issue Upstream Oil Bid Round In September/October

Egypts Ministry of Petroleum, in partnership with the Egyptian General Petroleum Corporation (EGPC), is to issue its 2005 upstream bid round for 15 oil-prone blocks in late September/early October, according to EGPC Vice Chairman for Agreements & Exploration Hussein Hamouda. Four of the blocks will be located in the northern Gulf of Suez with the remainder split between...