VOL. XLVII
No 14
05-April-2004
EGYPT
BP Wins Gulf Of Suez, Red Sea Blocks
BP Egypt announced on 26 March it had been awarded exploration rights in the East Warda Block located in the offshore Gulf of Suez and Blocks 12 and 13 in the Northern Red Sea. East Warda covers an area of about 545 sq km and lies north of the giant October field, close to existing infrastructure. During the initial three-year period of the concession, BP Egypt is committed to acquiring 3D seismic data and drilling at least...
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