No 18



BP Awarded Three Gulf Of Suez Blocks, Red Sea Block In Egypts 2002 Bid Round

BP Egypt announced on 24 April that it had been awarded exploration rights in four new concession blocks which were offered in Egypts 2002 upstream licensing round (MEES, 20 May, 2002). In the Gulf of Suez, BP was awarded the East al-Morgan (bid round block 2), North Ghara (block 4), and East Warda (block 35) concessions. BP was also awarded a concession in the North Red Sea area (blocks...